8 tips to help you get more money for college

Need money for post-secondary? Here are some quick tips to help you get the cash you need without ruining your finances.

• Bursaries can be a boon to students who haven't exactly knocked it out of the park academically in high school. They make awards based on need, not merit.
• That said, speed is especially important when it comes to bursaries.
• Some are given out continuously as qualified students apply until the money runs out, so it pays to apply at the earliest date possible.

• When it comes to your financial status, only identify and report the value of the assets you're required to.
• If they don't ask about your mother's antique jewelry, for example, don't tell them.

• While you shouldn't reveal assets you don't have to, you should reveal hardships not requested on financial aid forms.
• For instance, if you just lost your job, say so. If you're funding four educations at the same time, mention that as well.
• Make sure you have the documentation to back it up.

• You may think your situation hasn't changed, but even a small increase in debt or reduction in assets can make a big difference.
• Resubmit your financial aid forms every year.

There are some big-time advantages to negotiating a loan through the government student loan program:

• You don't pay interest while you're a full-time student.
• You can deduct the interest on your student loan once you start paying it off.
• When you graduate, if you're underemployed or in a hardship situation, you may be eligible for loan forgiveness or interest relief.

• Both full-time and part-time students can get student loans. The government's generosity in making interest payments for you, however, tends to apply only to full-time students.
• Dropping a couple of courses could force you to make loan payments while you're still a student.

• Once the school year ends, it's up to you to notify the student loans centre.
• You must also provide supporting documentation to show that you're returning to school in the fall.
• If you don't do it within six months, you're required to start making payments on your loan.

• Many Canadian universities now offer co-op programs that include paid work terms throughout the school year.
• You can accumulate valuable experience through these programs, and help pay your way through.

School is expensive, but staying diligent in your student finances can help you get out with less debt and less stress. Be honest and always keep your eyes open for new opportunities to get someone else to pay.