Loans & grants process

Full-Time

Full-Time Student Funding 

  • To receive student financial assistance through StudentAid BC, you must be a resident of BC.
  • For more information, go to the  page.
  • Available for education and living expenses.

 

Step 1: Before You Apply


Ensure you meet the :

  • You must be registered in at least 60% course load (9 credits) not including repeat or upgrading courses
  • Or 40% course load (6 credits) for students with an approved permanent disability status with StudentAid BC

Note:

If you are registering in a course you have previously received a passing grade for, you will need to submit a to SABC and get SABC's permission to repeat the course.

 

Step 2: Where to apply?


Applications are submitted through the . Grants are assessed automatically at the time of loan processing by SABC.

Disclaimer:

Full-time students cannot apply for only a grant.

 

Step 3: How to Apply?


1. Visit  for instructions on how to apply for a Full-Time loan.

2. You must apply for a loan every semester. The program you are registered in at Douglas must match the one you enter on your loan application.

  • Check myAccount to confirm the program you are in for the appropriate semester.
  • Select the same program from the drop down menu on the loan application.

3. Once your application is processed by SABC, a Notice of Assessment (NOA)  will be posted to your , within 6 weeks.

  • If it's your first time receiving funding or you have not received a loan/grant funding in over two years, you must complete a Master Student Financial Assistance Agreement (MSFAA). Follow the instructions in your SABC portal on how to submit the MSFAA.
  • Once received, SABC will request Ïã¸ÛÁùºÐ±¦µä¿ª½±½á¹û to confirm your full-time enrolment.

4. Confirmation of Enrolment:

  • Ïã¸ÛÁùºÐ±¦µä¿ª½±½á¹û will confirm your enrolment electronically close to the start date of classes.
  • You must meet all eligibility requirements for confirmation.

5. Disbursement of Funds:

  • After your MSFAA has been completed and processed and your enrolment is confirmed, your funds will be released.  
  • Funds are sent after the confirmation of enrolment is completed and it may take 7 - 10 business days to arrive.
  • Find more details here: 

 

Step 4: How to pay the Tuition with Loans and Grants?


The tuition amount will be paid directly to Ïã¸ÛÁùºÐ±¦µä¿ª½±½á¹û and the remainder of your approved funds will be sent to your bank account or,  for some grants, through a cheque in the mail.

  • To confirm that Ïã¸ÛÁùºÐ±¦µä¿ª½±½á¹û has received payment, check your myAccount > Registration > View and Pay Tuition Fees.
Part-Time

Part-Time Student Funding

To receive student financial assistance through StudentAid BC, you must:

  • Be a domestic applicant and meet all eligibility criteria
  • Enrol into 3 to 8.5 academic credits in an eligible program (Find )
  • Demonstrate Financial Need

Note:

Part-time funding does not cover living costs but allows for tuition, books, supplies, transportation and child care. 

 

Step 1: Before You Apply


1. Ensure you meet .

  • The amount of funding you are eligible for depends on the number of credits you are enrolled in. Therefore, it is important that you finalize your courseload first (e.g. 3 credits or 6 credits) before submitting your Part-Time Studies Application. Any changes to your courseload later will require you to go through a reassessment process, which will eventually cause a delay to your funding. Part-time courseload is being registered in 8.5 credits or less/semester. 
  • Do note that fee deferrals are only granted to students who submit a Part-Time Studies Loan Application to Douglas before the first fee payment deadline. Therefore, please plan ahead.
  • Person With Disability Status: If you have designated , and will register in 6-8.5 credits, consider applying for Full-time funding instead as Part-time loans do not cover living expenses.

**Important information: 

Once you have been confirmed enrolment  for a part-time loan, you will no longer be eligible to apply for full-time loans for the same semester. It is advisable to only submit a part-time student loan application, if you plan to remain in a part-time course load.

Step 2: How to Apply


1. Download the application form:

2. Fill out your application form, sign the document in ink and email it to your Student Success Advisor (SSA) or enrolmentservices@douglascollege.ca.

  • Tip: Study period dates are different from the class start and end dates. To ensure you are accurately funded, see study dates for each semester on the  page.
  • Not sure who your SSA is? Check your MyAccount > Student Records or Email us at studentsuccess@douglascollege.ca

3. Once we process your application, you will receive a Notice of Assessment (NOA) from StudentAid BC detailing what kind of funding you will receive and when you will receive it.

  • This usually arrives 2-4 weeks after submitting an accurately completed application.
  • This letter will contain your 10-digit Master Student Financial Assistance Agreement (MSFAA) number.

4. Complete your MSFAA:

  • If it's your first time, or it's been over two years since being approved for part-time funding through StudentAid BC, you need to complete and agree to the Terms and Conditions of the Master Student Financial Assistance Agreement (MSFAA).

5. Confirmation of Enrolment:

  • Ïã¸ÛÁùºÐ±¦µä¿ª½±½á¹û will confirm your enrolment one week before classes start. 
  • An early Confirmation of Enrolment can be requested up to 26 days prior to the semester's start. Please contact Enrolment Services for assistance. 
  • You must meet all eligibility requirements for confirmation.

**Important Information: 

Changes to your registration after your confirmation of enrolment may impact your funding and/or your future loan eligibility. Please ensure to consult with your Student Success Advisor before making any changes.

6. Funding is disbursed:

  • After your MSFAA has been completed and processed and your enrolment is confirmed, your funds will be released by StudentAid BC. 
  • Find more details, please visit:

 

Step 3: How to pay the Tuition with Loans and Grants


The tuition amount will be paid directly to Ïã¸ÛÁùºÐ±¦µä¿ª½±½á¹û and the remainder of your approved funds will be sent to your bank account or through a cheque in the mail for some grants

  • To confirm that Ïã¸ÛÁùºÐ±¦µä¿ª½±½á¹û has received payment, check your myAccount > Registration > View and Pay Tuition Fees.

 

Have questions about your application? See our Financial Aid FAQs.

Out-of-province

Out-of-Province Loans and Grants

If you live outside of BC, you must apply for assistance through your home province.

You must apply for a loan every semester.

The related website for each province and territory are listed below. Please read the details carefully because it is your responsibility to understand how your home province/territory operates.

Links to financial aid outside of BC:

 

See our  page for Out-of-Province applicants.