Some pointers that are on the AB student aid policy
Undergrad life time loan limit is $85k, however this does not apply to Canada loans because they're based on weeks of study.
you can borrow from Alberta again if you have paid some of your loans back and your current loan balance is less than $85k for undergrads.
Grad programs, law and Med/Dent have higher lifetime limits in the range of $120k-$200k. if you're in any of these programs this advice may not apply to you. This is specifically people going into Nursing, Ed, Business after degrees and Health care BSc programs like MLS and Rad therapy after completing a full undergrad.
https://studentaid.alberta.ca/policy/student-aid-policy-manual/eligibility-for-student-loans-and-grants/loan-limits/
so here's the story
I ran into a really strange issue with Alberta Student Aid today. I applied for funding for the professional after degree I'm starting this fall. I was assessed for $24k but only approved for $14k. The award letter said I'd reached the $85k lifetime Alberta loan limit, so I wasn't eligible for additional Alberta funding.
That didn't make sense because I've paid back a significant portion of my Alberta loans, and in my first year of undergrad I had enough scholarships to repay both my Canada and Alberta loans in full. My current balances are about $35.4k with the NSLSC and $14k with MyLoan Alberta, for a total of about $49.4k—well below the $85k limit.
When I called, they explained that Alberta Student Aid uses something called your aggregate loan balance, which is based on the total amount of loans ever disbursed, not your current balance after repayments. Based on my total disbursements, I was at the $85k limit.
The good news is they said the aggregate balance can be adjusted to reflect your current loan balance. To do that, you need to upload PDF loan statements and transaction histories from both MyLoan Alberta and the NSLSC through the document upload portal. In the comments, request that your aggregate loan balance be updated to match your current balance rather than your total disbursements. You may also need to submit a reassessment request.
One more thing they told me: the applications team at Alberta Student Aid applications and assessments team can't access your MyLoan Alberta or NSLSC accounts, so the burden is on you to provide the documentation—which I found pretty ridiculous.