A student at the University of Waterloo has applied for a $25,000 loan to help pay for her undergraduate degree.
The post-secondary institution, the University at Buffalo, says it’s one of the largest in the world and has a large undergraduate population.
“We are looking for students who have an opportunity to become leaders in their fields, who have strong values and are passionate about their chosen fields,” the university said in a statement to CBC News.
“The student’s financial needs are extremely important to us and we are committed to providing a flexible and accessible repayment plan for students with an income below $30,000.”
The student, who has not been identified, had a Master of Arts in economics at the school and had been enrolled there since 2016.
“I am thrilled that I am able to pursue a degree that is both a reflection of my education and of my passion for learning,” she said in the statement.
The university said it also provides loans for international students and students with disabilities. “
This loan will allow me to continue my education, and I am thankful to my institution for being willing to make this available.”
The university said it also provides loans for international students and students with disabilities.
The university has been working with the student to help with her application process.
“It is a great honour to be able to be a part of this effort to make higher education in the United States more affordable,” said Karen O’Connor, vice-president for undergraduate programs.
“Through this loan, we hope to give a boost to students who may not be able or willing to take the plunge to study in the U.S. today.”
The application for the loan, which is being processed by the UB Foundation, says the student will be able access an “affordably-priced and affordable education” through the Buffalo program.
The application says the loan will be used to pay for a two-year program at the university, which will include a Bachelor of Science in economics, as well as a Master’s of Business Administration and an Associate of Arts degree.
O’Neill said in an interview with CBC News that she is proud to be part of the initiative, which the foundation says will be “an invaluable addition to our undergraduate offerings.”