Each scholarship and scholarship program has different requirements for funding release. It is important that you refer to the evaluation or documentation notification that will be sent to you to find out what you need to do to receive your scholarship or scholarship. Most B.C. schools confirm that students are online enrollment directly with StudentAid BC. Your MSFAA does not show you how much you receive federal and regional loans or grants. You will receive a separate assessment notice from your province or territory to inform you of the amount of financial assistance you receive for students. If you go to a school that does not access an e-registration confirmation and have indicated a valid email address, you will receive an email inviting you to access your account on the dashboard of the StudentAid BC website to download a copy of your registration confirmation form about a month before you are eligible to get the student loan money. The Master Student Financial Assistance Agreement (MSFAA) replaces the old loan contracts of the Confederation and the provinces. Because it is a multi-year contract, it is more efficient and easier to use. For example, you don`t need to sign a new agreement when you apply for student financial assistance (unless you have a two-year study period or you create your residency in another province/region). Here are the terms and conditions of your MSFAA if you are a full-time student residing in: If you accept the terms of the MSFAA, your agreement will apply to all funds assessed forward from that date.
The next time you apply for student financial assistance, you won`t need to submit a new MSFAA. Simply complete a StudentAid BC application and submit it and show your assessment opinion. The money for which you are entitled is deposited electronically into your account and/or transferred to your school to pay your tuition. MSFAA describes your responsibilities and the conditions for accepting and repaying your student loans. Within two to three business days of receiving your Evaluation Notification Letter (NOA) on your StudentAid BC dashboard account, you will receive a „welcome email“ from the National Student Loans Service Centre (NSLSC). Your NOA will be published on your StudentAid BC dashboard after evaluating your application full time. The welcome email provides you with the link to sign up for an online account at the NSLSC and complete your MSFAA. Your DNO letter contains a 10-digit MSFAA number that complements your MSFAA.
Your evaluation notification (NOA) will be emailed to you after reviewing your part-time application.