Loans

FAQs

StudentAid BC Links

Explore full-time student funding, including loans and grants available for students studying full-time.

Apply for funding                                       Maintain your funding                             

Undergraduate Specific

Graduate Specific

Frequently asked questions

How do I provide Confirmation of Enrollment to maintain in-study, interest-free status?

If you did not apply for full-time, government student financial assistance and need to provide Confirmation of Enrollment to prove in-study, interest-free status, most students submit their requests online through the National Student Loan Service Centre (NSLSC). Requests will only be confirmed during the term that you are enrolled.  Confirmation requests after your study period end date will not update information for a study period that has already been completed.
 
For specific information for BC, Alberta, and Ontario students, please visit:

How does split enrollment work if you are attending two schools?

How do I maintain a satisfactory scholastic standing?

(below is for Undergraduates)

To continue receiving student financial assistance, students are required to maintain a satisfactory scholastic standing. If you are considering dropping a course(s), you are encouraged to reach out and speak to a Financial Aid Advisor.
 

(below is for Graduates)

To continue receiving student financial assistance, students are required to maintain a satisfactory scholastic standing. If you are considering dropping a course(s), you are encouraged to reach out and speak to a Financial Aid Advisor.

How does repayment work?

Repayment of your federal and provincial student loans starts 6 months after your last study period end date.  This 6 month period is considered your "grace" period. Your grace period is a good time to review your National Student Loan Service Centre (NSLSC) secure account to review your payment information, and modify your repayment terms if needed.  The NSLSC has a Learning Hub to help students learn more about In-Study, Non-Repayment, and Repayment statuses of your student loans.

Students can enter in to repayment and return back to full-time studies and in-study status multiple times during their academic career.

National Student Loan Service Centre (NSLSC) resources for repayment

The National Student Loans Service Center (NSLSC) offers online presentations (webinars) on the student loan repayment process.

The NSLSC services Canada Student Loans (Federal) as well as provincially-integreted loans for the following provinces: BC, Saskatchewan, Manitoba (as of July 1, 2022), Ontario, New Brunswick, and Newfoundland and Labrador.

The webinars will be beneficial for students, since trhe webinars will assist students with their obligations when repaying their student loans, and will provide answers on:

  • How to save money
  • How to avoid repayment difficulties
  • How to maintain your student loan

The webinars are 45 to 60 minutes long and can be viewed on a computer, tablet or Android/ iPhone.

To view the Student Loan Repayment Webinars, click on the link below:

Orientation:

https://players.brightcove.net/2456793370001/Hkv5PUW4G_default/index.html?videoId=5859470801001

Repayment:

https://players.brightcove.net/2456793370001/Hkv5PUW4G_default/index.html?videoId=5859486027001