Most B.C. schools confirm that students are online enrollment directly with StudentAid BC. If you receive more than one student loan during your application period (see your assessment notice), your school must confirm your registration each time before the money can be distributed to you. Here are the terms and conditions of your MSFAA if you are a full-time student residing in: MSFAA describes your responsibilities and the conditions for accepting and repaying your student loans. 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. After your MSFAA has been processed by the NSLSC and before your student loan and/or scholarship can be released, your school must confirm that you are participating in a full-time post-secondary program eligible for the entire study period for which you have received funding. Once your confirmation of the registration form has been processed, your student loan and/or scholarship can be unlocked. After registration, you will be redirected to the NSLSC website, on which you can terminate the MSFAA by: If your financial institution is not a SecureKey login partner or if you do not wish to use this service, you can access login information (username and password) via GCKey, a Canadian government service. If you agree to MSFAA`s terms and conditions, your consent will apply to all funds set up 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. 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). SecureKey registration partners are groups such as banks and credit unions that have partnered with SecureKey Technologies to enable their customers to use their credentials online (. B, for example, card numbers or usernames and passwords) to access administration services.
Your bank details will not be passed on to the government via this service. See the list of participating banks. 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).