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Managing your Loan

SAE Vancouver - Classroom A

Stay in touch with your student loan provider and maintain proof of your ongoing studies.

WHAT ARE MY RESPONSIBILITIES?

  1. Pay tuition and other required fees.
  2. To continue receiving financial aid, the Canada Student Financial Assistance Act, Canada Student Loans Program policy, and StudentAid BC policy require you to maintain a satisfactory scholastic standing.
  3. Update contact information online with both StudentAid BC and National Student Loan Service Centre.
  4. Update banking information while in study by using the Bank Account Change Request form.

HOW DO I MAINTAIN AN INTEREST-FREE STATUS?

  1. Returning full-time student receiving further student loans: Your previous loan balances will automatically be put into interest-free status if you are approved and confirmed for new loan funding.
  2. Returning full-time student not receiving further student loans: Apply online for interest-free status as soon as you return to your studies.