How can I apply for a student loan?
Go to: StudentAid BC
At this website, you can:
- apply for student assistance (student loans & grants) online;
- check the status of your application; or
- request a paper application be mailed to you.
What is the minimum course load requirement for full-time student assistance?
To be eligible for full-time student assistance, you must be registered in at least 60% of a full course load (40% for students with permanent disabilities as approved by StudentAid BC) for the entire educational period covered by your student loan application.
Please note: previously passed courses and courses which are audited, waitlisted, Adult Academic and Career Preparation (upgrading) or PLA (Prior Learning Assessment) are NOT counted in the minimum course load calculation. It is your responsibility to ensure that the courses you are registered in meet the minimum course load requirement. Should you have any questions, contact the Financial Aid & Awards Office.
The minimum 60% course load requirements by program at Okanagan College:
- All university transfer, degree, and diploma programs: 9 credits per semester.
- All vocational, trades and health certificate programs: the full program as outlined in the Okanagan College Calendar. If you will be taking less than the full program, you must speak with a Financial Awards Assistant to ensure you are enrolled in the minimum 60% course load (or 40% for students with permanent disabilities as approved by StudentAid BC) for the entire educational period covered by your StudentAid BC application.
When would I get my money?
Loan documents and/or grant cheques will be MAILED DIRECTLY TO YOU at the address indicated on your student loan application. Immediately take your loan document(s) to a designated Canada Post outlet, where they will be forwarded to the student loan centre for processing. The student loan centre will release the funds to you 5 to 10 business days after school starts.
I didn't get enough money. How can I get more?
You may be able to request a reassessment or appeal of your loan. You will need an appointment with a Financial Awards Assistant to determine which avenue to pursue.
Can I get a student loan to take upgrading to get my BC Adult Graduation Diploma or pre-requisites for post-secondary study?
Student loans are not available, however the Adult Basic Education Student Assistance Program (ABESAP) is available to eligible applicants. Contact the Financial Aid & Awards office for more information about this provincial grant, or download an application.
