If you’re a BC resident in complete- or graduate that is part-time undergraduate studies
At UBC, government student loan assistance might be accessible for you.
Pupils are categorized either as Dependent or Independent to find out residency and need that is financial.
Pupils are believed become determined by a sponsor that is financial such as their parent(s), unless they meet one or more associated with requirements for separate status as defined below.
Pupils are believed independent when they meet a minumum of one regarding the following criteria: ?
The actual quantity of capital you obtain is dependent upon the monetary information you distribute in your internet application.
You shall get an assessment from StudentAid BC (SABC) which will outline the funding quantity you will be entitled to get so when you are going to get it.
Some pupils whom make an application for student education loans will likely to be qualified to receive grant funding, which need not be paid back. Your eligibility is learn the facts here now dependant on your application.
Interest starts to accrue regarding the portion that is federal of education loan your day after your interest-free period ends. Re Payments are not necessary unless you’ve been out of school for half a year.
You will be in interest-free status for your new study term if you return to school with a full-time student loan at a designated post-secondary institution before this grace period ends, the interest that had been building since your last study end-date will be waived and.
You will need to apply for interest-free status through your loan provider in order for your previous loans to be in interest-free status if you return full-time to school at a designated post-secondary institution, but do not plan on applying for full time loans.
Being in interest-free status means you’re in a ‘funded term’ if you withdraw or have an unsuccessful term, it may affect your eligibility for further assistance whether you have new loans or not, so.
Qualified graduate and students that are undergraduate have charges deferred for just one thirty days following the tuition charge due date in September or January. Deferrals do not affect enrollment deposits.
You might be entitled to automated tuition deferral if you:
Make an application for full-time student education loans by July 15; and
Meet the criteria for funding to pay for your tuition and costs
You can examine that your particular deferment is prepared by viewing the monetary summary display screen in the scholar Service Centre (SSC).
Find your consultant’s contact information regarding the scholar Service Centre (SSC) under Personal Info UBC associates