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 maintain in-study, interest-free status?
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.
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(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 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:
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 |