The Alberta government has committed over $1 billion to enhance student aid for post-secondary education, aimed at easing the financial burden on students and their families. This funding will facilitate access to loans and non-repayable support such as grants, scholarships, and awards. Applications for Alberta Student Aid loans and grants will officially open on June 3rd. However, starting from the 2026-27 academic year, new eligibility requirements will be introduced, which will consider parental or spousal financial contributions for certain applicants. The government states that these changes will align Alberta's student aid system with the Canada Student Financial Assistance Program and other Canadian provinces. Minister of Advanced Education Myles McDougall highlighted the necessity of this financial aid, asserting that it can significantly impact students' ability to continue their education. Students are encouraged to apply online at least 60 days before their studies commence, with a single application covering both provincial and federal aid. Current eligibility criteria include factors like full-time workload, program length, financial need, and citizenship status, with part-time students also eligible if they meet the requirements.