Yukon - Guidance To Apply Student Loan

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Procedure

Apply In-Person:
For part-time students

1. The applicant will need to complete and submit the application form, use the following Link.
2. Attach copies of all relevant documents.
3. Submit the completed application form along with the documents to the address mentioned under the “Office locations and contacts” section of this page.
4. The applicant shall receive information about whether the loan has been granted within 45 days from the submission of the application.
5. The applicant shall receive the money once the applicant’s school confirms that the applicant is enrolled in a course.

Apply by Mail/Fax/Email

1. The applicant will need to complete and submit the application form, use the following Link.
2. Attach copies of all relevant documents.
3. Mail the completed application form along with the documents to the address mentioned under the “Office locations and contacts” section of this page.
4. The applicant can email to this address: Email: [email protected]
5. Fax the completed application form to this address: 867-667-8555.
6. The applicant shall receive information about whether the loan has been granted within 45 days from the submission of the application.
7. The applicant shall receive the money once the applicant’s school confirms that the applicant is enrolled in a course.

Apply Online
Full-time student

1. The applicant will need to complete and submit the application form, the applicant shall receive the form from an office, or from the MSFAA website, use the following Link
2. The applicant will need to create an account using their social insurance number.
3. Once the account has been created, fill in the application form and submit it.
4. The applicant shall receive information about whether the loan has been granted within 45 days from the submission of the application.
5. 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

Apply In-Person:
Education Building (entrance to parking on Hospital Road),
1000 Lewes Boulevard in Whitehorse.

Mailing address: ​Mail:
Government of Yukon
Student Financial Assistance (E-13)
Box 2703,
Whitehorse, Yukon Y1A 2C6
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 Yukon.
• 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.
• Full eligibility Link

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

• Application forms (Full-time students) Link
• Application form (Part-time students) 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.
• If the applicant applies less than 8 weeks before their school starts, their application will be rejected.

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

• Further information for different types of students 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.