Master Student Financial Assistance Agreement (MSFAA)

The MSFAA replaces previous federal and provincial loan agreements. Since it’s a multi-year agreement, it’s more efficient and easier to use. For instance, you won't have to sign a new agreement the next time you apply for student financial assistance (unless you take a two-year break in study or establish residency in another province/territory.

The MSFAA lays out your responsibilities and the terms and conditions of accepting and repaying your student loans.

Your MSFAA won’t show you how much you are getting in federal and provincial loans or grants. You’ll receive a separate Notice of Assessment from your province or territory that tells you how much student financial assistance you'll receive.

Here are the terms and conditions of your MSFAA:

For steps on how to complete and submit your MSFAA, see How to Apply for a Student Loan.