Canada - BC Integrated Student Loans

The Governments of Canada and BC have integrated their full-time student financial assistance programs (Canada Student Loans Program and StudentAid BC). Federal and provincial student loans will be managed as a single Canada – BC integrated student loan at the National Student Loans Service Centre (NSLSC). There's no change to the administration of Canada Student Loans and Grants for part-time students.

As of August 1, 2011, if you're receiving funding, you'll:

• sign a joint federal-provincial loan agreement; and
• check the status and balance of all your loans at the NSLSC.

As of July 2012, if you're in repayment, you'll:

• make one monthly payment towards your integrated loan; and
• check the status and balance of all your loans at the NSLSC.

To find out how integration affects you, read the following scenarios and choose the one that best describes your situation. These scenarios are to be used as guidelines only.

For the 2011/2012 program year^{Footnote 1}, I'm:

• Applying for student financial assistance for the first time.
• Applying for student financial assistance and I have an existing loan.
• Returning to school with an existing loan, but I'm not applying for more student financial assistance.
• Finishing or leaving school and I have an existing loan.
• In repayment.

¹classes starting between August 1, 2011 and July 31, 2012. (Return to reference 1)

For the 2010/2011 program year^{Footnote 2}:

• I'm currently in studies and I'm getting a disbursement after August 1, 2011.
• I haven't submitted my BC Master Loan Agreement (MLAG) and/or Certificate of Eligibility and Canada Student Loan Agreement (CE/SLA) and my study period ends after August 1, 2011.

²classes starting on or before July 31, 2011. (Return to reference 2)

Read the Frequently Asked Questions (FAQs) about the Canada – BC student financial assistance integration for more information.

For more details on how the changes affect you, please contact:

• National Student Loans Service Centre Contact Information:
  1-888-815-4514

• StudentAid BC:
  Local Victoria: 250 387-6100
  B.C. Lower Mainland: 604 660-2610
  Anywhere else in Canada/U.S. (toll-free): 1-800-561-1818
  TTY line for deaf and hearing impaired: 250 952-6832
  

Check back often for updates and additional information.