Notification of Assessment Date: 2023-JAN-16: You Are Eligible To Receive $4,385 See Reverse For Assessment Details

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Notification of Assessment

Date: 2023-JAN-16

Application No: 2022-575416


Start date: 2023-JAN-04
End date: 2023-APR-30
JOOK, CHIT MSFAA No: 0000858236
4530 UNION ST
BURNABY BC V5C 2Y1

YOU ARE ELIGIBLE TO RECEIVE $4,385


School: LANGARA COLLEGE
Program: GENERAL SCIENCE
See reverse for assessment details.
The funding you receive may differ from the eligible amount. Refer to
Conditions/Exceptions on Page 2.

Your funding has been and/or will be made available on or after the following date(s):
Date Type of Funding Amount Sent Date
2023-JAN-15 Grant - BC Access 500
2023-JAN-15 British Columbia Student Loan 943
2023-JAN-15 Canada Student Grant - Full-Time 2,942

FEDERAL/PROVINCIAL FINANCIAL NEED ASSESSMENT


Federal Provincial Unmet need is the difference between your assessed financial
Assessed Education Costs $ 6,121 $ 6,121 need and the amount of funding being provided by StudentAid
Assessed Financial Resources $ 1,736 $ 1,736 BC. If your unmet need is greater than $0, you may need to seek
Assessed Financial Need $ 4,385 $ 4,385 additional sources of funding outside StudentAid BC.
Funding through StudentAid BC ($ 4,385)
Unmet Need $0 $0

If the amount of funding through StudentAid BC is zero, and you are a full-time student who would like to maintain interest-free status for your
outstanding Canada-B.C. integrated loan, contact your institution’s financial assistance office to submit a Schedule 2 (Confirmation of Enrolment).
You can apply for interest-free status on the National Student Loans Service Centre website to the National Student Loans Service Centre on, or
before, the date you return to studies.

Your application was subject to the federal and provincial financial need assessment calculations, based on Canada Student Financial Assistance
Program and StudentAid BC’s respective policies.

For both calculations, the following information was used to determine your available financial resources:
♦ Total family income as reflected on the previous year’s tax returns (including spouse/common-law, or parent(s), step-parent, sponsor, or legal
guardian, if applicable), or as reported on your application if no tax return was available. (Note: for the federal calculation in 20/21, only the
parent(s), step-parent, sponsor or legal guardian income is used, if applicable.)
♦ Scholarships and bursaries as reported on your application.
♦ Voluntary or targeted contributions specified on the application form.
♦ Assets reported by parent(s), step-parent, sponsor, or legal guardian (for dependent students only).

Ministry of StudentAid BC Mailing address: Courier address:


PO Box 9173 Stn Prov Govt 835 Humboldt St., 1st Flr.
Post-Secondary Education
LNOA3-69 Victoria BC V8W 9H7 Victoria BC V8V 4W8
and Future Skills v2022.1 1-800-561-1818 (within North America) Fax: 250-356-9455
1-778-309-4621 (outside North America) Toll Free: 1-866-312-3322
Notification of Assessment Date:2023-JAN-16
continued
LOANS AUTHORIZED TO DATE

According to our records, the total amount of loans issued to date is: $0

This is a total of your combined Canada and B.C. loans authorized by StudentAid BC and does not reflect any loans not cashed or payments you
may have made. For information on the amount you owe on your Canada – B.C. integrated student loan account, contact the National Student
Loans Service Centre, at 1-888-815-4514, or online at www.canada.ca/en/services/benefits/education/student-aid.html and/or the bank(s) where
you cashed your student loan (if cashed before August 1, 2000).

CONDITIONS/EXCEPTIONS
♦ You are eligible to receive $4,385 for your study period of 17 weeks based on standard federal and provincial policies.
♦ Your Canada – BC integrated student financial assistance will be deposited into your bank account by electronic funds transfer (EFT). Before
we can issue your Canada – BC integrated student financial assistance, you must first submit your master student financial assistance
agreement (MSFAA) unless you have already submitted your MSFAA for a previous application. You will receive a 'Welcome Email' from
the National Student Loans Service Centre (NSLSC) that includes a URL to register for an online account with the NSLSC where you will
complete and submit your MSFAA using the 10 digit MSFAA number provided on this NOA. The disbursement amount indicated on this
NOA is the total amount of your Canada – BC integrated student financial assistance disbursement. If your school is to receive all or part
of your funding, the amount you will receive may be less than the amount shown on this NOA. Check with your institution if you
received less than the amount indicated on your NOA.
♦ If your previous loans were in default prior to/after this notification was printed, or any funding restrictions added, this assistance may not be
awarded to you.

CALCULATION OF FEDERAL AND PROVINCIAL NEED ASSESSMENT


ASSESSED COSTS Federal Provincial ASSESSED FINANCIAL RESOURCES Federal Provincial
Tuition / Fees $1,765 $1,765 Assessed Student Contribution $736 $736
Books / Supplies $1,500 $1,500 Assessed Spouse Contribution $0 $0
Living Allowance $2,856 $2,856 Assessed Parental Contribution $1,000 $1,000
Exceptional Educational Costs $0 $0
Transfer Costs $0 $0
Return Transportation Costs $0 $0 Note: Assessed contribution values are
Child Care Costs $0 $0 used as inputs for the need assessment,
Additional Transport $0 $0 and may exceed costs. For information
Alimony/Child Support $0 $0 on how contributions are calculated,
Separate Residence Allowance $0 $0 please visit https://studentaidbc.ca/.
Spouse Student Loan Payments $0 $0
Discretionary Costs $0 $0

A. Total Assessed Costs $6,121 $6,121 B. Total Assessed Financial Resources $1,736 $1,736

Your application is subject to both a federal need assessment calculation based on Canada Student Financial Assistance Program policies regarding
income and other resources, and a provincial need assessment calculation based on StudentAid BC policies regarding income and other resources.

DOES THE NATIONAL STUDENT LOANS SERVICE CENTRE HAVE YOUR CORRECT BANKING INFORMATION?
If not, the processing of your student financial assistance will be delayed, and may be cancelled.

To update your banking information, download a banking information change form from the National Student Loans Service Centre
at: www.canada.ca/en/services/benefits/education/student-aid/manage-student-loan.html

KEEP THIS NOTIFICATION FOR YOUR RECORDS

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