Student Loans

Vanguard College is designated as an eligible institution member under the Canada Student Loan Act. Full-time students are eligible for interest free loans while studying at Vanguard College (except residents of Quebec). Student loan applications are released in July of each year for school starting in September. Students are advised to apply for loans at least 8 weeks before the first day of class. Students can apply online with their province of residence.

Students are strongly recommended to keep copies of all loan documentation for their personal records. Vanguard College will apply the total amount of the student’s loan to tuition and fees owed for the semester. If the loan amount is less than the total fees, the balance is due on the last business day before the first day of class. If the loan amount is in excess of total fees for the semester the student will have the option to request a cheque for their amount credit, or leave it for future charges.

Students must apply through their province of residence for Student Loans.

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Alberta British Columbia Saskatchewan Manitoba Ontario Northwest Territories Newfoundland and Labrador Nova Scotia New Brunswick Prince Edward Island Yukon Nunavut

Please click the Province you would like information for.

Where can I get an estimate telling me how much I could be eligible to receive from student loans?

A: Please go to www.canlearn.ca for the student loan calculator.

What is my school code?

A: Canada (except Quebec): BPBV

What is a MSFAA?

A: This is your Master Student Financial Assistance Agreement. It needs to be signed by the student and taken to a designated Canada Post Outlet to be processed. The disbursement of the loan will not take place until it has been received properly. Please read and follow the instructions provided with the agreement carefully.

I have received a letter requesting a Confirmation of Enrollment. What should I do?

A: Please send a copy of the letter to Vanguard College via email, mail, or fax. Retain a copy for your records.

I have Canada student loans from previous years. How do I keep my loan from going into repayment status?

A: If you apply for student loans again this year, this will automatically keep your loans from going into repayment. If you are not requesting additional student loans and you are continuing in full-time studies, you must inform your loan providers by filling out a Schedule 2 form. Please stop by the Student Finance Office to request your form.

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