丁香园AV

Government Loans and Grants

The Government of Canada works with most provincial or territorial governments to offer student loans and grants. In all situations, students y of residence, which does not always coincide with the province in which they plan to study in. The amount students can receive each term is calculated when they submit their application. Students are automatically considered for all loans and grants that they may be eligible for at that time of application.

The amount of funding a student can receive depends on many factors, including:

• Their province or territory of residence
• Their family income, which could include an expected contribution from parent(s)
• If they have dependents
• Their term-based tuition and mandatory fees and living expenses
• If they have a recognized disability

Loan agreement

The Master Student Financial Assistance Agreement (MSFAA) outlines the terms of accepting and repaying student loans. Students only have to sign this agreement once as it covers present and future student loans.

When you complete your  through the  you must use your own personal bank account details to ensure that you receive your student loans and grants. If you have outstanding tuition and fees, Financial Aid and Awards will automatically deduct this outstanding amount and redirect them to your 丁香园AV student account.  If you provide 丁香园AV鈥檚 banking information, 丁香园AV will both automatically deduct your outstanding tuition and fees from your student loans and grants, and receive any remaining funds as a deposit to our general bank account.  This will cause unnecessary delays for you to receive your funding since we will not be able to match these funds to your 丁香园AV student account and 丁香园AV will return these funds back to the NSLSC to be matched to your original student loan and grant account.

The MSFAA will not show loan and grant amounts. Students will receive a Notice of Assessment from their province or territory that tells them how much student assistance they will receive per application.

Students will only have to re-sign a new MSFAA if they apply for government-issue student financial assistance after:

• taking a 2-year break from school, or
• permanently moving to another province/territory

Students can review the terms and conditions of their MSFAA on the  website.

Student Loan Interest

Effective April 1st, 2023, the Government of Canada has permanently eliminated the  including loans currently being repaid.

Several other Provinces and Territories have also eliminated the accumulation of interest on loans issued from their jurisdictions including , Manitoba, and New Brunswick. Please check with your home Province or Territory for confirmation.

B.C. Residents (StudentAid BC funding)

StudentAid BC has created a series of YouTube videos to help students learn about the student financial assistance journey from start to finish.

Students can  and  to catch new videos added over time.

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Families from other Provinces or Territories

If your family is not from B.C., students apply through their  for funding.