Government Guaranteed Student Loan

Available to Quebec residents

You could benefit from government financial assistance if you're a full-time or part-time vocational, CEGEP or university student.

  • Apply online.
  • Opt for a repayment solution tailored to your situation.

You could benefit from government financial assistance if you're a full-time or part-time vocational, CEGEP, college or university student.

The Ministère de l'Éducation et de l'Enseignement supérieur will provide you with financial assistance if you are enrolled as a full-time CEGEP, college, university or vocational student.

Student aid is calculated on the basis of allowable expenses, your financial contribution to your studies and that of your spouse or parents.

Based on your file at Aide financière aux études, if the maximum loan to which you're entitled is insufficient, a bursary may be added.

You can submit your application for student financial aid by mail or online.

By mail

Fill out the application for student financial aid prepared by the Ministère de l'Éducation et de l'Enseignement supérieur. You can either get the form at your school's financial aid office, or download it and print it from the Quebec government's Aide financière aux études - External link. This link will open in a new window. (AFE) website. Once you fill out the form, mail it to the AFE.


Submit your loan application online. First, get "Online Access to Your File" on the Aide financière aux etudes (AFE) website. When using online services for the first time, you have to choose a password. As you fill out the online application form fields, only the pages that apply to you will be displayed. If a section is not properly filled in, you will not be able to continue on to the next section. Once the form is completed, you will be told which documents to provide, depending on your situation. To fill out and submit your application online, see On-Line Access to Your File! on the AFE - External link. This link will open in a new window. website.

Once your application has been processed, the AFE will send you a Financial Assistance Statement telling you the total amount of financial assistance granted and a breakdown of the instalments. Shortly after, you’ll receive Guarantee Certificate and Loan Agreement.

Obtaining and submitting your Guarantee Certificate and Loan Agreement

Once your file has been registered and you've been approved to receive aid from the AFE, you'll start receiving payments in your account within 24 to 48 hours of contracting your loan.

Student members: Fill out the form

Student non-members: You must open an account at Desjardins so we can release your funds to you. To open an account, make an appointment.

Did you know?
At Desjardins, even if you are studying out of town, you can continue doing business with your local caisse through another one that's closer to your school.

Financial assistance payment procedures

To avoid complicating the repayment of your loan, it is very important that you be the only account holder at the caisse. If the financial aid payment is deposited into a joint account or into a parental account in your name, your periodic or monthly payments will be delayed so they can first be validated.

Applying for a loan for the first time? To make sure you don't forget anything, see Applying for financial assistance - External link. This link will open in a new window. on the AFE website.

Find out more about the Deferred Payment Plan, interest, income taxes, as well as strategies for paying back your loan.

Learn more - Pay off your student loan

If your Government Guaranteed Student Loan has been disbursed or if you have started to pay back your student loan, you can call the Desjardins Group Student Advisory Centre experts for information. Advisors are on hand to answer your questions about:

  • the disbursement and management of your loan
  • the terms of repayment
  • the Ministère de l'Éducation et de l'Enseignement supérieur Deferred Payment Plan
  • any other complementary product or service

Did you know?

If you aren't eligible for financial assistance from the government, Desjardins has lines of credit for students that could help you throughout your studies. See Student Advantage Line of Credit.

Ask your questions directly to an advisor

Contact a Desjardins Student Advisory Centre advisor.

Do you live in Ontario?

To learn how this affects your situation, go to the Ontario Student Assistance Program - External link. This link will open in a new window. (OSAP) website or call 1-877-672-7411 or 1-888-449-4478.

You can also contact Human Resources Canada at 613-994-1844.