Campus Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
The Student Life
School events, activities, rate your prof, students helping each other.. |
 | 
01-07-2012, 11:06 PM
|
#1 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Aug 2011 Location: Richmond
Posts: 192
Thanked 418 Times in 54 Posts
Failed 32 Times in 2 Posts
| Student Loan Question.
Hey Guys,
I was wondering if anybody received their student loan?
I am currently enrolled in Langara right now, and I did not enroll in the fall semester or any post-secondary school. I learned that now there is a new system on how to apply for a student loan (I have applied before).
A friend of mine told me that you need to sign a blue form before applying for the loan online.
I did not know this! I started school on Wednesday and have not yet received the loan.
The wired thing is when I went on the student aid bc website, I checked my status and it said It was Approved
So... What are my options now?
| 
|  | |
01-07-2012, 11:23 PM
|
#2 | | Wanna have a threesome?
Join Date: Oct 2010 Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Failed 439 Times in 203 Posts
|
You don't need to sign a form before applying for a loan online, however, you do need to sign and send in a MSFAA before the loan will be deposited into your account. The MSFAA will be mailed to you, you sign it, then take it to a Canada Post location where it will be processed and sent to the National Student Loan Service Center. The MSFAA must be processed at the NSLSC before the funds are deposited into your account, regardless of the earliest available deposit date listed student aid bc the deposit will not happen until that's done.
| |
| | |
01-07-2012, 11:34 PM
|
#3 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Aug 2011 Location: Richmond
Posts: 192
Thanked 418 Times in 54 Posts
Failed 32 Times in 2 Posts
| Quote:
Originally Posted by MindBomber  You don't need to sign a form before applying for a loan online, however, you do need to sign and send in a MSFAA before the loan will be deposited into your account. The MSFAA will be mailed to you, you sign it, then take it to a Canada Post location where it will be processed and sent to the National Student Loan Service Center. The MSFAA must be processed at the NSLSC before the funds are deposited into your account, regardless of the earliest available deposit date listed student aid bc the deposit will not happen until that's done. | Hey,
so I just wait for the MSFAA form to come in? I applied and mailed my Declaration on the 13 of December, 2011. hmm... maybe i should go to the financial aid office on Monday for more answers. Oh, and is StudentAid the only place to receive the MSFAA form?
Thanks for your help!
| |
| | |
01-07-2012, 11:40 PM
|
#4 | | Wanna have a threesome?
Join Date: Oct 2010 Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Failed 439 Times in 203 Posts
|
I received my MSFAA shortly after receiving the assessment letter from Student Aid BC, it was a separate letter I believe. Once I received and sent the form it was processed and the funds were deposited within ten days, really quick.
Having to send it in is a one time thing, once they have the information it transfers over to all future loans.
| |
| | |
01-07-2012, 11:43 PM
|
#5 | | What hasn't Killed me, has made me more tolerant of RS!
Join Date: Aug 2011 Location: Richmond
Posts: 192
Thanked 418 Times in 54 Posts
Failed 32 Times in 2 Posts
|
Thank you very much man, I appreciate it!
| |
| | |
01-08-2012, 02:38 PM
|
#6 | | 14 dolla balla aint got nothing on me!
Join Date: Nov 2010 Location: Vancouver
Posts: 699
Thanked 1,563 Times in 171 Posts
Failed 343 Times in 55 Posts
|
If you also applied for student loans for the fall semester, you do not need to sign the MSFAA again. The loans will automatically be deposited into your bank (or paid to your school). I received my loans a few days ago.
Also the BC loans are to be issued around March. I find this pretty retarded because I apply for loans to survive the semester financially. This beats the purpose if half the loans are to be issued at the end of the semester.
| |
| | |
01-08-2012, 03:56 PM
|
#7 | | manage the cap you say????
Join Date: Jun 2008
Posts: 11,184
Thanked 3,613 Times in 1,181 Posts
Failed 187 Times in 86 Posts
|
Nub question, can you pay your student loans back anytime you want? Like the end of a semester? or does it all have to be paid at the end of your studying
__________________
⌒
＼＼ ＿_____
＼(ಠ益ಠ)
> ヽ
/ へ＼
/ / ＼＼
ﾚ ノ ヽ_つ ayyy lmao
/ /
/ /|
( (ヽ
| |、＼
| 丿 ＼ ⌒)
| | ) /
`ノ ) Lﾉ
| |
| | |
01-08-2012, 04:21 PM
|
#8 | | 14 dolla balla aint got nothing on me!
Join Date: Nov 2010 Location: Vancouver
Posts: 699
Thanked 1,563 Times in 171 Posts
Failed 343 Times in 55 Posts
|
You should be able to fully pay it off whenever you want.
| |
| | |
01-13-2012, 08:15 PM
|
#9 | | WUB WUB WUB WUB WUB
Join Date: Oct 2007 Location: Surrey
Posts: 7,880
Thanked 7,111 Times in 1,929 Posts
Failed 202 Times in 90 Posts
|
I don't wanna hijack the thread but didn't want to make a new one.
Let's say I get approved for something completely different (program, school, semester, etc) but I decide to use it for another school/semester/program. Would I have to notify StudentAid or can I just use it for whatever? Will pay it off of course.
__________________ FEEDBACK (9-0-0)
SPOTTED Quote:
Originally Posted by slowguy fuck you hipster | Quote:
Originally Posted by trollguy then fuck you hipster akinari | Quote: |
[23-05, 11:34] FastAnna suck a dick ygay
| | |
| | |
01-13-2012, 08:46 PM
|
#10 | | Wanna have a threesome?
Join Date: Oct 2010 Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Failed 439 Times in 203 Posts
| Quote:
Originally Posted by mb_ I don't wanna hijack the thread but didn't want to make a new one.
Let's say I get approved for something completely different (program, school, semester, etc) but I decide to use it for another school/semester/program. Would I have to notify StudentAid or can I just use it for whatever? Will pay it off of course. | Once the funds are in your possession the responsibility of managing them is entirely your own, whether you pay the current semesters tuition them or anothers shouldn't be any issue.
| |
| | |
03-13-2012, 01:05 PM
|
#11 | | Rs has made me the man i am today!
Join Date: Aug 2007 Location: Richmond
Posts: 3,469
Thanked 1,437 Times in 376 Posts
Failed 53 Times in 21 Posts
|
Just a quick question about the student loan application.
I came across this question and am a little confused: Have you ever cashed a Canada Student Loan? (if FULLY repaid, mark NO)
What does it mean to cash a loan? My previous loan is just sitting in my bank.
__________________ '00 Honda Accord V6 [sold]
'95 BMW 325i Cabriolet [RIP]
'03 VW Jetta 1.8T [RIP]
'06 BMW 330i [RIP] '02 BMW M3 '99 Honda Civic SIR [sold] '19 Civic Type R[sold] '22 MINI Cooper SE My Photojournal: simplexcars | |
| | |
03-13-2012, 02:16 PM
|
#12 | | Wanna have a threesome?
Join Date: Oct 2010 Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Failed 439 Times in 203 Posts
|
Cashed, as in cashing a cheque, which was automatically done for you through the direct deposit system.
| |
| | |
03-13-2012, 02:21 PM
|
#13 | | Rs has made me the man i am today!
Join Date: Aug 2007 Location: Richmond
Posts: 3,469
Thanked 1,437 Times in 376 Posts
Failed 53 Times in 21 Posts
|
Thanks!
__________________ '00 Honda Accord V6 [sold]
'95 BMW 325i Cabriolet [RIP]
'03 VW Jetta 1.8T [RIP]
'06 BMW 330i [RIP] '02 BMW M3 '99 Honda Civic SIR [sold] '19 Civic Type R[sold] '22 MINI Cooper SE My Photojournal: simplexcars | |
| | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
All times are GMT -8. The time now is 07:43 AM.
|
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
