Do you need help paying for your post-secondary education at Selkirk College?
Your student loan has been approved - Now what? See our FAQs for some common answers to common questions.
Check out our Important Updates page if you are new to applying for BC Student Aid as there has been a change in identity verification.
Basic eligibility requirements for applying for Government Students loans:
To receive student financial assistance, you must meet all of these basic eligibility criteria:
be a Canadian citizen, a permanent resident or have protected person status
have a valid Canadian social insurance number
be pursuing full-time studies as your primary occupation (part time studies see here)
be enrolled in an eligible program of study at an eligible post-secondary institution
be able to demonstrate financial need (Educational Costs – Student Resources = Financial Need)
make academic progress and achieve satisfactory scholastic standing in each period of post-secondary study
You must apply for financial aid to your province of residence.
B.C. Residency Requirement
To determine residency, students are classified either as dependent or independent.
Dependent: If you are classified as Dependent, your residency is defined as the Canadian province in which your parent(s), step-parent(s), sponsor or legal guardian have lived most recently for 12 continuous months.
Independent: If you are classified as Independent, your residency is defined as the Canadian province in which you have lived most recently for 12 continuous months (excluding any time spent in full-time post-secondary study).
If you are not a resident of BC you must apply to the province in which you are considered a resident of. If you are still unsure see below or contact our Financial Aid Office for clarification.
To learn more about applying to other provinces/territories visit National Student Loans or see below to apply to the province of your residency.
Trouble figuring out what province you should apply to?
Even if you have a BC services card, license, insurance, etc. you still may not be eligible for a BC student loan. See below for some examples:
Example 1: Moved to BC from Saskatchewan 11 months ago. You would apply to Saskatchewan for your student loan as you have not yet lived in BC for 12 consecutive months.
Example 2: Grew up in Ontario, moved to Saskatchewan for 10 months, then moved out of country for a while, came back and are now living in BC. You would apply to Ontario for your student loan as that is where you lived in Canada for 12 consecutive months.
Note: If you are taking a program that is more than one year, you will continue to apply to that province of residency every year as your residency does not include time spent in Post-Secondary School.
Have you considered applying for a scholarship or bursary? Learn more...