Budgeting Tips and Resources

Paying for university studies can be challenging. The good news is, there are lots of options available to help you manage expenses and reduce costs while having a great university experience. We’ve compiled these resources and tips for students -- reach out to us with questions!

Budgeting and Planning

A budget is a plan that helps you manage your money. It will help you figure out how much money will be coming in and how much you can expect to spend during your studies. It also might help you see where you might fit in some part-time work to help finance your studies, or where a student loan or a scholarship, award or bursary could make a difference.

Centre for Experiential Learning

VIU’s Centre for Experiential Learning (CEL) offers courses that contribute to academic success. Developing great study habits and time management can help you achieve success, and help you make time for other activities, including paid work. These courses can also help you if you are pursuing Co-operative Education or Internship programs, or seeking work experience within your field of study.

Student jobs at VIU

Did you know that more than 400 students worked in jobs on campus last year? Learn about campus student employment– from co-operative education, practicum and internships to general jobs available on campus. 

External job postings

It can be challenging to work while attending university, however many students successfully combine work and studies. Staying organized and developing excellent study habits can help you combine work and studies. You might pursue off-campus work - check out the following resources to get started:

For more options, check out 

Budgeting does not have to be complicated.  Here are some ways to help you be financial responsible and stay on top of your money:

Canada Revenue Agency

As a student, you may have many questions about taxes and might be filing an income tax and benefit return for the first time. We understand that many students have unique personal and financial situations, especially given the last year. Let’s make sure you don’t miss out on benefits and credits to which you may be entitled. Find out what you could get and what you need to know in this tax tip.

Filing deadline for most individuals is April 30, 2022

Since April 30, 2022, falls on a Saturday, your income tax and benefit return will be considered filed on time in either of the following situations:

  • We receive it on or before May 2, 2022
  • It is postmarked on or before May 2, 2022

For more information, review CRA's Learn about your taxes

Canada Revenue Agency is pleased to host live monthly webinars:

Canada Revenue Agency is pleased to continue to host live monthly webinars. We have changed the virtual platform we use from WebEx to MS Teams. There is no registration required for our MS Teams presentations, you will just click the link in the attached calendar. MS Teams has built in closed captioning. To turn on this feature click on the 3 dots “…” beside reactions in the top menu bar and select “Turn on live captions”, the captions will show up along the bottom of your screen.

Please see the  attached calendar for the link to join the following webinars via MS Teams:

  • Digital Services for Individuals – May 3, 2022 at 1:30pm PDT
  • CRA Benefits & Credits for Family Caregivers  – May 5, 2022 at 1:30pm PDT
  • Scam Awareness – May 11, 2022 at 1:30pm PDT
  • CRA Benefits & Credits for Adults 65 years and older – May 12, 2022 at 1:30pm PDT
  • CRA Persons with Disabilities – May 17, 2022 at 1:30pm PDT
  • CRA Benefits & Credits for Family Caregivers – May 19, 2022 at 1:30pm PDT
  • Digital Services for Individuals – May 25, 2022 at 1:30pm PDT
  • Scam Awareness – May 26, 2022 at 1:30pm PDT

Community Income Tax Service

Under the Nanaimo Volunteer and Information Centre Society, this program is sponsored by the Canada Revenue Agency. Trained volunteers provide essential assistance for people on low and fixed income, to individuals on pensions, or disability claims, and to the unemployed. They process personal income tax returns at no charge to individuals. Appointments are available year round to people who qualify for this valuable service.

Learn more about Community Income Tax Service

Education Planner BC

Education Planner BC helps learners make well informed decisions about their education and career options. Use the Plan Your Education section to find articles and information about the different paths along the student journey.

Help for new Immigrants Planning for Post-Secondary

Each year the Immigrant Welcome Centre at the Central Vancouver Island Multicultural Society welcomes hundreds of new immigrants from over 50 countries around the world – and almost as many different languages!

With specialized programs, services and supports for newcomers, this Nanaimo-based organization can help you make the transition to a new life in Canada a little easier.

Connect with the Central Vancouver Island Multicultural Society if you need help to get settled in Nanaimo, want to learn English, or need assistance finding a job.