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The following describes the basic elements of the program for the 2004/05 educational year.
Students should obtain application forms (from the Financial Aid and Awards Office by April) and check the criteria for residency before proceeding with the application.
Students planning to apply for B.C. Student Assistance to attend UCC are strongly advised to attend a workshop. Refer to the Financial Aid & Awards Guide (available in April or the website) for a schedule of dates.
All B.C. residents studying within B.C. must submit completed applications to the Ministry of Education, Skills and Training.
Important—It may take up to ten weeks to process a student loan.
The purpose of the B.C. Student Assistance Program is to assist students with educational costs at the post-secondary level, but funds are granted only where the financial resources from parents, summer work, or other sources are insufficient to meet the estimated educational costs.
Funds awarded under this program will be disbursed through a combination of Canada Student Loan, B.C. Student Loan, and B.C. Grant. A booklet describing the program in full is available at your Financial Aid and Awards Office.
The purpose of the B.C. Student Assistance Program is to assist students with educational costs at the post-secondary level, but funds are granted only where the financial resources from parents, summer work, or other sources are insufficient to meet the estimated educational costs.
Funds awarded under this program will be disbursed through a combination of Canada Student Loan, B.C. Student Loan, and B.C. Grant. A booklet describing the program in full is available at your Financial Aid and Awards Office.
Applicants must be Canadian citizens, or Permanent Residents who are enrolling for credit in at least 60% of a full-time program of study of a minimum of 12 weeks in length. The amount of assistance awarded will be based on Assessed Need as determined by the Provincial Authority.
Prior to negotiating a student loan, the student should read the instructions and obligations contained on the reverse of the Canada Student Loan documents and in the B.C. Student Loan Agreement.
Interest on your student loan(s) is paid by the federal and/or provincial government as long as you are registered as a full-time student. You should discuss the interest rates with your bank.
Students who have negotiated Canada Student Loans and B.C. Student Loans in the past but who do not negotiate one for the immediate semester or program of study should submit a completed Schedule 2 (Canada Student Loans Program) and/or Certificate 2 (B.C. Student Loans Program) in order to receive interest-free status. Schedules 2 and Certificates 2 are available from the Financial Aid and Awards Office.
Contact the Financial Aid & Awards Office for further information on deadlines for applying, filing appeals, etc.