Grant and contribution program
(S) The provision of funds for interest payments to lending institutions under the Canada Student Loans Act
Department of Employment and Social Development · Education, skills and employment
In fiscal year 2023–24, Department of Employment and Social Development paid out $415 under (S) The provision of funds for interest payments to lending institutions under the Canada Student Loans Act. That is <$0.01 per tax filer.
Headline figures
Fiscal year 2023–24
$415
Per tax filer uses 29,965,100 tax filers (2023); per person uses a population of 40,022,704 (2023). An allocation of cost, not a tax bill.
Largest recipients
The largest named recipients of payments reported under this program in 2023–24. Location is the recipient's address, which is not always where the money is spent. Recipient payments can differ slightly from the program total above because the Public Accounts report them separately.
| Recipient | Location | Paid | Per tax filer |
|---|---|---|---|
| Payments under $100,000 (16) | Location not stated | $415 | <$0.01 |
Source and basis
- Detailed information on Transfer Payments, as per the Public Accounts of Canada, retrieved 2026-11-03. Open Government Licence - Canada.
- Recipients: Detailed information on Transfer Payments, as per the Public Accounts of Canada.
- Net expenditures of this transfer payment program in the Public Accounts. It overlaps with program spending, so do not add the two.
← All education, skills and employment spendingHow the figures are calculated