True or False: Out-of-province student aid always covers the full tuition amount.
What is False?
OSAP funding is typically split into these two parts.
What are grants and loans?
What is a bank?
This happens when a student’s approved student aid does not fully cover tuition and fees.
What is a funding shortfall?
This bursary provides 25% off tuition for eligible Indigenous students.
What is the Indigenous Student Bursary?
How long does it take to process an Alberta Student Aid application?
What is 45 days?
This must be completed before OSAP funding can be released to the school.
What is the MSFAA (Master Student Financial Assistance Agreement)?
What is 10k?
When student aid doesn’t cover full tuition, this option helps students remain enrolled while covering the balance.
What is a payment plan?
This program offers a $2,500 tuition credit bursary.
What is the Video Game program?
True or False: Do OOP Video Game students get provincial funding?
What is False?
What is a family breakdown?
What is when a student is estranged from their family but still considered a dependent?
This person is usually required by the bank to approve a student line of credit.
Who is a co-signer or guarantor?
This is the best advisor action when a student is relying solely on student aid that does not fully cover tuition.
What is setting financial expectations during discovery?
This group of students may qualify for a dedicated bursary with supporting documentation.
Who are military students?
What is a PIF?
What is a program information form?
What documents does a student who is a parent need when declaring that they have dependents?
What is birth certificates, marriage certificates and possible affidavits
What are different banks that offer Student Lines of Credit?
What is RBC, BMO, TD, Meridian, etc?
This registered savings plan can be used to cover tuition shortfalls not covered by student aid.
What is an RESP?
What are some independent scholarship sites for funding?
Which provinces have chopped the provincial portion of their loans for our students?
What is Alberta, Quebec and Saskatchewan.
Which document will a PR student need after completing their Student Aid application?
What is history of residency?
True or False: Do you need to pay your SLOC monthly while you're in school?
What is True. The student pays interest only.
How do you describe a shortfall?
What is money that is not being covered by student aid for tuition?
Which program does Better Jobs cover?
What is Graphic Design on campus?