MSFAA describes your responsibilities and the conditions for accepting and repaying your student loans. Here are the terms and conditions of your MSFAA if you are a full-time student residing in: If you are going to a school that does not have access to an electronic registration confirmation and if you have indicated a valid email address, you will receive an email inviting you to access your account on the Website portal of StudentAid BC to download a copy of your registration confirmation about one month before the validation of the deminidation. Once your confirmation of the registration form has been processed, your student loan and/or scholarship can be unlocked. 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. If you attend a private school in B.C or a school outside B.C, a registration form is sent to your school. Your school will confirm your registration on the registration form and return the form to StudentAid BC. Once your confirmation of the registration form has been processed, your student loan and/or scholarship can be unlocked.
MSFAA is a multi-year contract; You don`t need to submit a new agreement every time you apply for funding through StudentAid BEFORE CHRIST. Most B.C. schools confirm that students are online enrollment directly with StudentAid BC. 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. 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. If your financial institution is not a SecureKey login partner or you don`t want to use this service, you can access login information (username and password) via GCKey, a Canadian government service. 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).
Your NOA will be published on your StudentAid BC dashboard after evaluating your application full time. The welcome email provides you with the link to sign up for an online account at the NSLSC and complete your MSFAA. Your DNO letter contains a 10-digit MSFAA number that complements your MSFAA.