Apply for a Canada Student Loan/Grant as a full-time student

  • Student eligibility, eligible programs and the “pre-study period”
  • Forms that may apply to full-time students
  • Loan for full-time students
  • Grant for full-time students
  • What you have to do to get your loan or grant
  • Complete your Canada Student Loan and/or Grant application

The Canada Student Loan and/or Grant for full-time study has 1 application process. There is no deadline.

  1. Student eligibility, eligible programs and the “pre-study period”

    Eligibility

    Different types of students can apply for a Canada Student Loan/Grant. Find out:

    • what if you are eligible; and
    • what category of student you are.

    Dependent student

    You are a dependent student if, at the start of your classes:

    • you are a Canadian citizen or a permanent resident; and
    • you meet all the following criteria:
      • you are pursuing post-secondary education within 4 years of leaving high school; or
      • you have never been in the labour force full-time for 2, 12-month periods or more; and
      • you have never been married or in a common-law relationship; and
      • you have never been a single parent with legal custody and financial responsibility for supporting a child.

    Where to apply as a dependent student

    A dependent student applies:

    • in the territory or province where their family has most recently maintained a family home; and
    • for at least 12 months in a row.
    If the dependent student’s parents are separated or divorced

    Apply to the province or territory of the parent with whom you normally live.

    If the student does not live with their parents

    The student should apply in the province of residence of the parent who financially supports them.

    Independent student

    Where to apply as an independent student

    Apply in the jurisdiction you last lived for at least 12 months in a row before the date of your loan application. This does not include time spent in full-time post-secondary studies.

    Married or common-law student

    You are considered to be married or common-law if at the date of your loan application:

    • you are a Canadian citizen, a permanent resident, or a protected person; and
    • you:
      • are legally married; or
      • have been living in a conjugal relationship for at least 1 year.

    Where to apply as a married or common-law student?

    Apply in the jurisdiction you last lived for at least 12 months in a row before the date of your loan application. This does not include time spent in full-time post-secondary studies.

    If your partner lives and/or works in a province or territory other than Yukon, contact the Student Financial Assistance office.

    Single-parent student

    You are considered to be a single-parent student if, at the start of your classes:

    • you are a Canadian citizen, permanent resident, or protected person; and
    • you meet 1 of the following criteria:
      • you have legal and physical custody, and responsibility for supporting a child; or
      • you are not currently married or in a common-law relationship.

    Where to apply as a single-parent student?

    Apply in the territory or province where you last lived for at least 12 months in a row before the date of your loan application. This does not include time spent in full-time post-secondary studies.

    Are programs eligible for funding?

    • Must be a minimum of 12 weeks in length.
    • Lead to a post-secondary certificate, diploma or degree.
    • At a designated post-secondary institution.

    Look at the List of designated educational institutions. If your institution is not on this list, contact the Student Financial Assistance.

    What is the pre-study period?

    The pre-study period is usually the 4-month period prior to the month that your classes start.

    Exceptions

    If your classes start in the second half of the month, your pre-study period includes part of the month in which you start classes.

    Example

    Your start date is August 22, then your pre-study period is May 1 to August 21.

    Your pre-study period will begin later and be for a shorter period of time if:

    • you were in full-time studies, including high school; and
    • for a portion of the 4 months before your classes start.

    Example

    You were studying full-time (high school or other) until June 16 or later. Your start date is between September 1 to 15, your pre-study period is July 1 to August 31.

    What if you do not have a pre-study period?

    You do not have a pre-study period if:

    • you study full-time partway into a month; and
    • your start date falls in the month immediately following.

    Example

    You were studying full-time until August 8, and your classes begin on September 3.

  2. Forms that may apply to full-time students

    Are you a married or common-law student?

    Complete the Schedule B - Spouse or Partner Information and Declaration.

    Are you applying as a dependent student?

    Have your parents complete the Schedule C - Parent/Legal Guardian Information and Declaration.

    Are you a student with a permanent disability applying?

    Complete the Schedule D - Application for Grants for Students with Permanent Disability.

    The Government of Canada provides benefits for students who have permanent disabilities. Learn more Education funding for people with disabilities.

    If your school start and end dates are not September and April

    Complete the Program Information Form.

  3. Loan for full-time students
    • A full-time course load is over 60%.
    • A loan is an amount of money you get to help you pay for school.
    • You have to pay a loan back when you stop going to school.

    How much can you receive?

    $3,000 per 8-month school year. This works out to $210 per week.

    How long can you receive loans?

    • A maximum of 340 weeks.
    • A maximum of 400 weeks for a student pursuing doctoral studies.
    • A maximum of 520 weeks for a student with a permanent disability.

    When do you start paying back the loan?

    • 6 months after you finish your full-time studies.
    • Interest starts to accumulate from the date you finish your studies.

    If you stay enrolled in full-time studies, you have to tell the National Student Loans Service Centre (NSLSC). If you don’t, you will have to begin making payments.

    How much interest will you pay on your loan?

    To find out the current interest rate, contact the National Student Loan Service Centre.

  4. Grant for full-time students

    When you apply for a Canada Student Loan, you are automatically assessed whether you qualify for a grant.

    You don’t need to take out a loan to get a grant. But, you need to apply and qualify for a loan to get a grant. If you qualify for a loan of at least $1, then you can choose:

    • not to take any loan; and
    • to only receive the grant(s) for which you qualify.

    A grant differs from a loan because:

    • a student may qualify for 1 or more grants;
    • grants do not have to be paid back; and
    • a student may be eligible to get more than 1 grant at the same time.

    Who can combine grants?

    All Canada Student Grants can be combined with those available for students with permanent disabilities.

    Grant for full-time students

    Eligibility

    • Your program must be a minimum of 60 weeks in length.
    • Your family income for the previous year must be below the low-income threshold for Yukon students.

    Find out more including the low-income threshold Canada Student Grant for Full-Time Students.

    How much can you receive?

    A maximum of $86.54 per week of study in an undergraduate or college post-secondary program.

    Grant for full-time students with dependents

    Eligibility

    Your family income for the previous year must be below the low-income threshold for Yukon students.

    Find more information, including the low-income threshold for your family size Canada Student Grant for Full-Time Students with Dependents.

    How much can you receive?

    • $200 per dependent under the age of 12 per month of study.
    • $200 for each dependent over the age of 12 who has a permanent disability.

    Skills Boost Top-Up to the Canada Student Grant for full-time students

    This grant is a pilot project for loan years 2018 to 2019, 2019 to 2020 and 2020 to 2021.

    Eligibility

    • You have been approved for the Canada Student Grant for Full-Time Students.
    • You are an adult learner.
    • You have been out of high school for 10 years or more.

    How much is the top-up?

    • $200 per month, or $1,600 per standard 8-month academic year.
    • It's in addition to any other Canada Student Grants that you receive.
    • You'll receive it at the same time as other Canada Student Grants.

    Do I have to pay the grants back?

    You only have to pay back a Canada Student Grant if you:

    • received the grant in error; or
    • withdraw from full-time studies; or
    • drop to part-time status.
  5. What you have to do to get your loan or grant

    To receive your funding you have to:

    What is an Master Student Financial Assistance Agreement (MSFAA)?

    Who needs an MSFAA?

    • A 1st-time loan or grant recipient enrolled in full-time studies.
    • An existing loan or grant recipient who has experienced a break in studies of more than 2 years.
    • An existing loan or grant recipient who has established residency in another province or territory.

    How do you get an MSFAA?

    1. After you submit your application, the Government of Yukon will mail your 10-digit MSFAA number with your notice of assessment.
    2. You will receive a “welcome email” from the National Student Loans Service Centre (NSLSC) that:
      • invites you to register for your online account with the NSLSC and complete your MSFAA;
      • is sent from info@msfaa-emafe.cibletudes-canlearn.ca; and
      • has the subject line of “Register now to set up your online account.”
    3. To register an account with the NSLSC:
      1. select the URL in the “welcome email”;
      2. paste the URL in the navigation bar of a web browser; and
      3. start your registration on the NSLSC webpage.

    What if you haven’t received your MSFAA number?

    If you have an account with Student Financial Assistance.

    1. Log in; and
    2. Go to the History section.

    If you don’t have an account, email: sfa@gov.yk.ca or phone: 867-667-5929, toll-free in Yukon 1-800-661-0408, local 5929.

  6. Complete your Canada Student Loan and/or Grant application

    Do not apply for the Canada Student Loan and/or Grant if you have fewer than 8 weeks before the end of your school year. Your loan will be cancelled if your classes end before your loan is deposited into your bank account.

    You must apply for the Canada Student Loan and be approved to qualify for the grant.

    How to apply

    Online application

    1. Register and apply online.
    2. You must download and complete the Canada Student Loan and/or Grant Student Declaration.
    3. Collect and complete other forms that may apply to full-time students.
    4. Submit the completed forms.

    Paper application

    1. Download or pick up from our office the mandatory forms:
    2. Collect and complete other forms that may apply to full-time students.
    3. Submit the completed forms.

    How to submit your application

    In person: Education Building (entrance to parking on Hospital Road), 1000 Lewes Boulevard in Whitehorse. We’re open Monday through Friday from 8:30 a.m. to 4:30 p.m.
    Email: sfa@gov.yk.ca
    Fax: 867-667-8555
    Mail:
    Government of Yukon
    Student Financial Assistance (E-1)
    Box 2703,
    Whitehorse, Yukon Y1A 2C6

    When will you find out about your loan/grant application?

    Processing an application can take up to 8 weeks. This can be longer if you are going to an institution outside Canada. You will receive a letter in the mail.

    Online applications

    You can also check your Student Financial Assistance account.

    1. Log in.
    2. Select “Check the status of applications”.

    Paper applications

    You can follow up with Student Financial Assistance. Email: sfa@gov.yk.ca or phone: 867-667-5929, toll-free in Yukon 1-800-661-0408, local 5929.

    You can appeal a Canada Student Loan/Grant decision

    Find out how to appeal a loan or grant decision.

    When will you will receive your loan or grant money?

    1. You are approved for a loan.
    2. You’ve sent any required documents to the National Student Loans Service Centre (NSLSC).
    3. The NSLSC confirms your full-time enrolment with your institution.
    4. Your loan is deposited into your bank account:
      • either on the 1st day of your study period; or
      • once your full-time enrolment has been confirmed, whichever happens later.

    Your institution may ask for some or all of your loan amount go directly to fees owing. If this happen, a lesser amount may be deposited into your bank account.

    For more information, phone the National Student Loan Service Centre 1-888-815-4514.


Contact 

Various organizations offer scholarships:

  • community groups;
  • religious organizations;
  • First Nations;
  • financial institutions; and
  • businesses.

Contact your high school counsellor or an advisor at your institution to find out more.

If you have questions, email: sfa@gov.yk.ca or phone: 867-667-5929, toll-free in Yukon 1-800-661-0408, local 5929.