Saskatchewan - Guidance To Apply Student Loan

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Procedure

Apply Online
For Full-time students and Part-time students

1. To apply for a student loan online, the applicant will need to register an account, use the following Link
2. The applicant will need to log in to the account.
3. If the applicant does not have an account, follow these steps:
   • On the login page, click on “Create Portal Account” option.
   • Enter personal information such as SIN, Birthday, password and username, and click on “Next”.
   • The applicant will need to submit documents as mentioned under the “Required Documents” section of this page.
   • The applicant will be sent a confirmation email, click on the link, the account has been created.
4. Once logged in to the account, the applicant will need to click on the Loan option.
5. Click on the application for the student loan option depending on the year the applicant is starting their year of study.
6. Read through the terms and conditions and click on “Apply”.
7. The applicant will see a digital application fill this with all relevant details such as personal information, studies information and financial information.
8. Once all the details have been entered click on the “Proceed to submit” option and submit the application.
9. Enter the loan amount required and click on submit.
10. The applicant will be directed to a declaration page, read through this carefully.
11. Click on submit an application, and return to the welcome page.
12. At the bottom of the welcome page, the applicant can track the status of their application.
13. The applicant shall receive information about whether the loan has been granted within 45 days from the submission of the application.
14. The applicant shall receive the money once the applicant’s school confirms that the applicant is enrolled in a course.

Apply by Email

1. To apply for student loan, the applicant will need to download the application, use the following Link
2. Fill in the application form with all relevant details.
3. Attach original copies of documents as mentioned under the “Required Documents” section of this page.
4. Submit the application and documents to the address mentioned under the “Office Locations and contacts” section of this page.
5. The applicant shall receive information about whether the loan has been granted within a few week days from the submission of the application.
6. The applicant shall receive the money once the applicant’s school confirms that the applicant is enrolled in a course.

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Required Documents

• Social Insurance Number
• Information about school and/or program of study
• A bank account in the applicant’s name
• Total income amount from last year
• Any identification documents such as:
• Passport
• SIN
• Driver’s license

Office Locations & Contacts

Phone: 306-787-5620
Email: [email protected]
Fax: 306-787-1608
Mailing Address: 1120 2010 12th Avenue, Regina, SK, S4P 0M3
Contact Link

Eligibility

• The applicant must be a Canadian citizen or have permanent residency.
• The applicant must have a valid SIN.
• The applicant must be a resident of Saskatchewan.
• The applicant must show financial need.
• The applicant must show academic progress and achieve satisfactory scholastic standing in each period of post-secondary study.
• The applicant must not be in jail or have a warrant out for their arrest.
• Any loan the applicant has must show good standing..

Fees

The applicant does not need to pay fees to apply for a student loan.

Validity

• The student loan is valid for a period of 12 months after which the applicant will need to apply for a loan again if they continue studying.

Documents to Use

• Link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• It takes about 2 to 6 weeks to process the application.
• The applicant shall receive their funds within 10 business days from the day their course starts.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&>
from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• It is recommended that the applicant apply as early as possible for a student loan.
• The applicant will need to apply for a student loan yearly depending on how long the duration of their course is.
• For part-time students, they must apply at least 4-6 weeks before their course starts.

Required Information

• Student information
• SIN
• Previous years income tax return
• Any other financial resources or income information (RESP, investments, scholarships, etc.)
• Complete mailing address and permanent address (if different from mailing address)
• Current and/or cell phone numbers
• Program Information
• Name of Program
• Institution Name (and campus, if applicable)
• Start and End Dates for the current academic year
• Costs (tuition and required fees)
• If the applicant is a Dependent Student, you will also require your:
• Parent(s) or guardian(s) information (i.e., SIN, date of birth, postal code, line 15000 of previous year’s Income Tax Return)
• Sibling(s) name and age (and SIN for any sibling attending post-secondary)
• If the applicant is a Married/Common-Law Student, you will also require your:
• Spouse’s information (i.e., SIN, line 15000 of previous year’s Income Tax Return, date of birth and income)

Need for the Document

• A student loan is a type of loan that is designed to help students pay for post-secondary education.

Information which might help

• What happens after applying Link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Place some external links which might help.

Others

More information which might help people.