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. MSFAA describes your responsibilities and the conditions for accepting and repaying your student loans. 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). If you go to a school that does not access an e-registration confirmation and have indicated a valid email address, you will receive an email inviting you to access your account on the dashboard of the StudentAid BC website to download a copy of your registration confirmation form about a month before you are eligible to get the student loan money. 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 who are part of the following groups must complete the MSFAA to obtain public funds (scholarships and loans) for the academic year: if you accept the terms of the MSFAA, your approval 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. Each scholarship and scholarship program has different requirements for funding release. It is important that you refer to the evaluation or documentation notification that will be sent to you to find out what you need to do to receive your scholarship or scholarship. 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. Here are the terms and conditions of your MSFAA if you are a full-time student residing in: 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.