The review of Canada Millennium Scholarship Foundation bursaries : Examen de la Fondation canadienne des bourses d'études du millénaire : une analyse micro-économique

IMPACT OF THE FOUNDATION’S BURSARY ON STUDENT GOVERNMENT DEBT. [...] The impact of the CMSF bursary is determined by answering the following research questions: • Do CMSF bursaries have any impact on reducing student debt owed to the Federal and Provincial Governments? [...] The report compares the total population of government student loan borrowers who, based on the provincial eligibility criteria, qualified for CMSF bursary with the sub- population of those who had received the CMSF bursary. [...] Source: CSLP data Generally, the subpopulation of CMSF recipients had higher financial needs and received higher amounts of loans compared to the corresponding amounts of the population of CMSF-eligible loan borrowers (except in British Columbia where bursary recipients and loan borrowers have similar needs and loans distributions). [...] May, 2007 Table 4: Average Annual Values of Total Accessed Need, Loans, Grants and CMSF Bursaries and Weekly Need by Province for Loan Borrowers and CMSF Bursary Recipients Total Need Provincial Loan Federal Loan CMSF Province Bursary Loan CMSF Loan CMSF Loan CMSF CMSF Borrowers Recipients Borrowers Recipients Borrowers Recipients Recipients Alberta $8,860.