Completing Your Alberta Student Loan Agreement

If a cheque is made to the student, it must be cashed within 180 calendar days or NSLSC can pay the payment on the cheque. The student must contact the NSLSC to have a cheque redone. If you are an Aboriginal/First Nations/Métis student, you can get help through your group or other agencies. You can contact your local group`s education office, the Métis Nation of Alberta or the Métis Education Foundation. Part-time students admitted to Part-Time Funding in Canada must take out the Part-Time Canada Master Student Financial Assistance Agreement (Part-Time Canada MSFAA) before they can grant Loans and/or Scholarships from Canada. The repayment assistance plan, available for student loans in Alberta and Canada, ensures that your monthly payment matches your income and the size of your family. Before loans and/or scholarships can be obtained, two things must first be done: students with documented permanent disabilities are exempt from the duration of the program plus an annual limit, but remain subject to lifetime credit limits. The Master Student Financial Assistance Agreement (MSFAA) is a legal document that defines your responsibilities and the conditions for accepting and repaying your student loans. MSFAA is a multi-year contract. Students in the following groups must complete the MSFAA to obtain public funds (subsidies and loans) for the academic year: if your financial institution is not a SecureKey registration partner or if you do not wish to use this service, you can obtain registration information (username and password) via GCKey, a Canadian government service. Alberta Student Aid and the Canada Student Program calculate your eligibility using a funding formula that compares your costs to your resources. The formula is as follows: if the information you complete on your student credit application is not the same as what the admission/registration office has listed with respect to your program/specialization/year, your student loan is not processed/confirmed by AUArts – and you must cancel your student loan (by phone with AB Student Loans) and apply online again. Your study credit provider for other provinces/territories.

Once you`ve completed your post-secondary education, it`s time to pay off your student loans. Repayment of your student loan is a solid quality of credit and puts you on a positive path for your future. Options are available to help you develop a payment plan that works best for you. Find out how an Alumnus from Concordia University in Edmonton, Brett, dealt with student loan repayments. If your circumstances change after they have been approved for funding, you can report these changes to Alberta Student Aid. In some circumstances, you may need to report any changes in accordance with your loan agreement. Changes can be reported to Alberta Student Aid by submitting a form for a new exam – Level 1. You have an additional six months before you have to start paying after you are no longer a full-time student. Cost of education and life – what you contribute – your financial needs Alberta AuArts students can come for financial support through provincial or federal student loan programs. State loans have several unique as they have been specially designed for students: Find information on student loans and other forms of financing. Alberta Student Assistance is available to Alberta residents according to the criteria described below. You`ll find help creating your account under Application and output of step-by-step instructions and videos.

Part-time MSFAA Canada usually only needs to be signed once (if the borrower receives their first loan in Canada) as long as the borrower remains a part-time student. However, a student must sign a new MSFAA if the student: students who are citizens of countries other than Canada and who attend Concordia University in Edmonton with a study permit (student visa) are not eligible for financial assistance at the Canadian, provincial and territorial level.