Co-operative Education is an educational model that formally integrates academic study with relevant, paid work experience. The standard co-op program consists of periods of academic study combined with periods of work experience in appropriate employment fields such as business, industry, government, the professions, not-for-profit and community-based organizations.
Student Financial Assistance in Co-Op
Students participating in a Co-Op term are able to apply for and receive government-issued, student financial assistance, including both loans and grants (non-repayable funding).
Participating in a Co-Op term is not considered to be the same as having a full-time job when applying for student financial assistance. When submitting their application, BC students applying through StudentAid BC must:
- Apply for student financial assistance on a term-by-term basis
- Answer “yes” to the question “Between the date classes start and the date classes end, will you be on a co-op/paid work term?
- Answer "no" to the question "Will you have a full time job during your study period?"
Contact a Financial Aid Advisor if participating in:
- a Co-Op term and are enrolled in at 4 or more additional units
- an International Co-Op term
Maintaining In-Study Payment-Free status in Co-Op
Enrollment in Co-Op is considered the equivalent of full-time study; therefore, a Co-Op student may apply for In-Study Payment-Free status. This does not happen automatically. In-Study Payment-Free status is also referred to as an In-Study Interest-Free study period as well. Refer to In-Study Payment-Free Status (BC residents) for more information; otherwise check with your province of residence.
Students must submit a request for confirmation of enrollment on a term-by-term basis to update their student status through their National Student Loan Service Centre (NSLSC) portal.
Contact a Financial Aid Advisor for further information.
Scholarships, Awards and Bursaries in Co-Op
Students enrolled in a SFU Co-Op term only are not eligible to apply for scholarships, awards and/or bursaries administered by Financial Aid and Awards since the 3 unit Co-op is not a standard graded course. Students must meet the minimum eligibility requirements listed for scholarships, awards, and/or bursaries.
*Students enrolled in a SFU International Co-Op term are eligible to apply for SFU International Co-op Education Bursaries and/or the SFU International Co-Op Education Awards.