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Canadian Government Student Aid Regulatory Update

Canadian Government Student Aid Regulatory Update. Presented by Cara Piperni. ANZFAA Melbourne, Vic. October, 2014. Context. Founded in 1821 Located in Montreal, Quebec, Canada 13 Faculties, 2 campuses 11,000 employees 29,000 full-time degree students, with 20 % international

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Canadian Government Student Aid Regulatory Update

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  1. Canadian Government Student AidRegulatory Update Presented by Cara Piperni ANZFAA Melbourne, Vic. October, 2014

  2. Context • Founded in 1821 • Located in Montreal, Quebec, Canada • 13 Faculties, 2 campuses • 11,000 employees • 29,000 full-time degree students, with 20 % international • 1/3 of FT degree students on government aid • Every province and territory is represented.

  3. Agenda • Canadian context • Key references • Regulations by jurisdiction, highlighting any key changes or differentiators • Additional available resources

  4. Federation of 10 provinces and 3 territories Multicultural society with population of over 34 million Two major linguistic groups and two official languages: English (57%) and French (22%) One of the highest rates of PSE completion in the world Provincial governments have exclusive responsibility of all levels of education A few facts about Canada

  5. Great variability in the type, quantity and availability of resources for students =inequities based on province of residence Evolution of programs due to individual (and independent) provincial priorities Combined with federal portion, and varying degrees of integration with provincial programs, makes it very complex Financial aid: a Provincial jurisdiction

  6. Key References • From the Canadian Association of Student Financial Aid Administrators (CASFAA): • “Out of Province Student Aid Summary” 2014-15 (provided in your handouts) • Cross Country Panel at each annual conference • “It’s Complicated: An Interprovincial Comparison of Student Financial Aid” by Jordan MacLaren for CCPA (July 2014)

  7. Canada Student Loans Program • Maximum of $210/week, with up to $3000 allowance for books and supplies. • Special grants • Part Time Canada Study Grant (CSG) • Grant for Part-Time students with dependents • CSG for Students with Dependents • CSG for Students with Permanent Disabilities • Grant for Services & Equipment for Students with Permanent Disabilities • CSG for Students from Low-Income Families • CSG for Students from Middle-Income Families

  8. Key Terms HRSDC • Human Resources & Social (Skills) Development Canada NSLSC • National Student Loan Service Center • Administers CSL, contracted by HRSDC CanLearn • Website with interactive tools MSFAA • Master Student Financial Assistance Agreement (MSFAA) • Signed by student only once as a student unless they have a break for more than 2 years. RAP • Repayment Assistance Program

  9. Highlights by province

  10. A brief introduction… • PSE institutions administering Canadian government aid • Dedicated advocates in helping Canadian students achieve financial wellness and success • National profile with federal and provincial governments • www.casfaa.ca • Next conference June 14-16 Quebec City

  11. Thank you!Cara PiperniDirector, Scholarships & Student AidMcGill Universitycara.piperni@mcgill.ca

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