Canadian Government Loan Questions

Frequently Asked Questions about Canadian Government Loan 

This KB article provides answers to some commonly asked questions about Canadian government student loans, including topics such as confirmation of enrollment, loan disbursement dates, and how to use loan funding for tuition payments.

Question 1: When will TWU sign my confirmation of enrollment for my loan funding?

If you have been approved for loan funding by your provincial funding authorities, a confirmation of enrollment will be sent automatically to TWU. The confirmation of enrollments to release loan funding will be signed by the Financial Aid Office starting 1-2 weeks prior to the start date of classes for each semester.

You must be registered in your courses, at the minimum course load required (60%) for funding, before TWU can sign confirmation of enrollment:

Undergraduate Studies

  • Full-time: Students must be enrolled in at least 60% (9 semester hours) of a full-time course load. Students with a permanent disability must be enrolled in at least 40% (6 semester hours) of a full-time course load.
  • Part-time: Students must be enrolled in 20 - 59% (3-8 semester hours) of a full-time course load. Students with a permanent disability must be enrolled in 20 - 39% (3-5 semester hours) of a full-time course load.

Graduate Studies

  • Full-time: Students must be enrolled in at least 60% (5 semester hours) of a full-time course load. Students with a permanent disability must be enrolled in at least 40% (3 semester hours) of a full-time course load.
  • Part-time: Students must be enrolled in 20 - 59% (2-4 semester hours) of a full-time course load. Students with a permanent disability must be enrolled in 20 - 39% (2 semester hours) of a full-time course load.
Question 2: Can the dates that I will receive funding be changed? Can I receive my loan money earlier?

The government student loan offices determine the disbursement dates of your loan funding; in most cases, this disbursement date is set as the first day of classes for each semester. As this disbursement date is determined by the government, TWU cannot change the date that you will receive funding.
TWU will begin signing confirmation of enrollments 1-2 weeks prior to the start date of classes, and following the disbursement date on your funding, it will take 5-10 business days for the money to be deposited into your bank account.

As both the initial course registration deposit and the first tuition payment will be due prior to the loan funding being deposited to your bank account, you will need to be in contact with the Office of the Registrar regarding your payments: Article - Student Loans and Making Payments.

It is important that you are aware of the payment deadlines to ensure that you are not at risk of being dropped from your courses: Article - Payment Due Dates.

Question 3: How do I use my loan money to pay my tuition?

Trinity Western University does not remit/request a student’s loan money to be paid directly to the school for your tuition and fees.

The full amount of your loan money that you receive from the government is deposited to your personal bank account – which you provided when you signed your loan agreement (MSFAA). If you did not provide banking information, the lending provider/s will mail a cheque to the address on your account.

Once you receive the loan money, you are responsible for paying your tuition and fees to Trinity Western University: Make a Payment | Trinity Western University (twu.ca)

Question 4: I need a confirmation of enrollment to stop repayment of previous loan funding.

If you will be receiving a new student loan, once TWU signs a confirmation of enrollment for your funding, this will automatically update your study period end date to the new semester and previous loan funding will be placed into non-repayment status.

If you will not be taking out a new student loan, you will need to log in to your National Student Loan Service Centre account and request a confirmation of enrollment. This will be sent electronically to TWU to confirm enrollment – note: the confirmation of enrollment will be signed beginning 1-2 weeks prior to the start date of classes.

National Student Loan Service Centre: Confirmation of Enrolment

Note: If you have a provincial student loan that is held through another financial institution separate of the NSLSC, please review the information on your provincial financial aid website for instructions on confirmation of enrollment for your provincial loan funding.
 

You must be registered in your courses, at the minimum course load required for funding, before TWU can sign confirmation of enrollment:

Undergraduate Studies

  • Full-time: Students must be enrolled in at least 60% (9 semester hours) of a full-time course load. Students with a permanent disability must be enrolled in at least 40% (6 semester hours) of a full-time course load.

Graduate Studies

  • Full-time: Students must be enrolled in at least 60% (5 semester hours) of a full-time course load. Students with a permanent disability must be enrolled in at least 40% (3 semester hours) of a full-time course load.

If you are a part-time student, TWU can sign a confirmation of enrollment for part-time registration; however, you will still be required to make payments on your loan funding as a part-time student.

  • Undergraduate Part-time: Students must be enrolled in 20 - 59% (3-8 semester hours) of a full-time course load. Students with a permanent disability must be enrolled in 20 - 39% (3-5 semester hours) of a full-time course load.
  • Graduate Part-time: Students must be enrolled in 20 - 59% (2-4 semester hours) of a full-time course load. Students with a permanent disability must be enrolled in 20 - 39% (2 semester hours) of a full-time course load.
Question 5: As a graduate student, can my internship or thesis hours be counted towards full-time eligibility for loan funding or non-repayment confirmation of enrollment?
If you are a graduate student (Master of Arts in Counselling Psychology, Master of Arts in Marriage and Family, Masters in Biblical Studies & Christian Thought) and are enrolled in a continuing internship, clinical practicum, or thesis studies, you can request an internship/thesis hours contract from the Financial Aid Office (awards@twu.ca).
 
Once you have completed this form with your hours, and it is signed by your thesis/internship supervisor or department advisor, these hours will be calculated by the Financial Aid Office to determine equivalency of full-time status for loan funding or non-repayment confirmation of enrollment.
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