4.07.2010

why are students penalized for attending part-time?

Canada has something called the "Lifelong Learning Plan," which allows you to use money from RRSPs for tuition without tax penalties. Only full-time students are eligible.

I recently learned that the Friends of the Mississauga Library System make an annual award to four Mississauga residents who are enrolled in library programs. I could sure use that! I emailed for more information: only full-time students are eligible.

I've come across several other examples of this - student grants, awards, loans that are only available for full-time study.

I don't understand this. I am financially unable to attend school full-time. Why am I penalized for that?

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