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Changes are Happening

Changes for the 2017-18 Academic Year

A number of changes to the Canada-Newfoundland and Labrador Student Financial Assistance Program came into effect for the 2017-18 academic year. Review the information below to see how these changes may affect you.

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Reduction of Required Forms during Application Process

For the 2017-18 academic year, Student Financial Services Division has revamped the application process to reduce the number of forms required from students. The application will now contain the necessary student consents and declarations, thus eliminating the need for:

  • Student’s Declaration, Consent and Signature Form
  • Canada Revenue Agency Signature Form

The Parent’s Declaration, Consent and Signature Form PDF (714 KB) and Spouse’s Declaration, Consent and Signature Form PDF  (730 KB) now contain the Canada Revenue Agency consent, resulting in parent’s and/or spouse having to sign one form only.

Students have the option to mail, fax or email all documentation to Student Financial Services Division.

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Student Financial Assistance Disbursement

The 2017 Provincial Budget announced changes to the way student financial assistance is issued, effective for the 2017-18 academic year.

  • Canada Student Grant (CSG) eligibility will increase for 67 per cent of students from low and middle income families;
  • Students will receive the same or more student financial assistance in total, depending on need;
  • By exhausting federal government funding first (coupled with an increase in the CSG), there will be a 35 per cent increase in the number of students who will receive an increase in student financial assistance to cover their education related costs.

Note: There are no changes to the application process, students’ notification of assessment, or disbursement of funding.

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Improved Email Confirmation for Application Submission

Currently, each year when students apply online for student financial assistance they instantly receive an email informing them that their application has been successfully submitted. Beginning in the 2017-18 academic year, this instant email communication will be enhanced to include the actual scheduled date the application will be reviewed.

No longer will students have to guess or estimate when their application will be reviewed; the actual date will be provided. It is also important that any additional information, forms or documentation required is received by Student Financial Services Division prior to this scheduled review date so that the review can be finalized on that same scheduled date.

If a student has not provided the required additional information, forms and/or documentation by the date indicated in the email, an additional 5 business days (after receipt of all required information) will be added to the processing time.

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