Student Financial Services Timetable for Loans, Grants, & Bursaries

July 15             Deadline for Student Loan applications to guarantee loan & grant payment by school start date.

July 17             Student Loan late applications received are processed in 4-6 weeks.

July 31             Deadline for Community Service Bursary volunteer hour submissions.

Aug. 1              Start of new academic year.

September       Student Loan (Federal) payments begin – full payment.

                        Canada Study Grant(s) payments begin – 1st half payment.

                        Canada Study Disability Grant payments begin – full payment.

Sept. 15           Submit Pre-Study Report for Student Loan (Part B**) funding.

October           Island Advantage Bursary sent to schools – 1st half payment.

                        (1st half payment for late applicants will be sent monthly after this date)

November       Community Service Bursary sent to schools.

Nov. 15            Deadline for Student Loan applications for fall semester.

January            Student Loan (Provincial) payments begin – full payment.

                        Canada Study Grant(s) payments – 2nd half payment

                        George Coles Bursary sent to UPEI – full payment.

February          George Coles Bursary sent to Holland College and Collège de L’Île – full payment.

                        Island Advantage Bursary sent to schools – 2nd half payment – for fall students.

                        Island Advantage Bursary sent to schools – full payment – for winter students.

                        (payment for late applicants will be sent monthly after this date)

Feb. 20           George Coles Bursary appeals & missing information forms can be completed.

Mar. 15           Deadline for Student Loan Applications for winter semester.

May 31           Deadline for George Coles Bursary appeals & missing information forms.

Federally funded loan administered by the National Student Loan Service Centre.
Provincially funded loan administered by Edulinx.

Deadline for Student Loan Appeals – Six weeks prior to study period end date.

Master Student Financial Services Agreement (MSFAA)

All Student Loan Applicants must complete the federal legal document which outlines the provisions of your student loan. Students must complete the MSFAA prior to receiving their student loan funding. Students will not receive any student loan funding until a valid MSFAA is completed and processed.

Download the instructions for the Master Student Financial Services Agreement