Student Loans

What dollar amounts do I include in my application?

Tuition and Fees - Please click here

Book estimate - $150 per 3 credit hour course

Cost of Living - Student Loans use a preset formula, you do not need to include any specific information.

Do I apply for Full-Time or Part-Time Loans?

• If you are enrolled in 6 credit hours or more apply for a full-time student loan.
• If you are enrolled in less than 6 credit hours apply for a part-time loan. 
• If you are registered for an internship, SRP, or thesis and are unsure whether to apply for part-time or full-time contact student finance.

If you are applying through SK, ON, or NB: please see the 'Submitting Program Information Form' below. 

If you are applying through BC: Please let us know when your application is complete and when your funds are ready to be released as we do not receive notification. 

If you are applying through ON: Please submit your OSAP confirmation of enrolment forms to studentfinance@briercrest.ca for timely processing. 

Canada Student Loans are interest-free while you’re enrolled in full-time studies, and you’re automatically considered for additional grant funding when you apply. Grant eligibility is based on family income and family size. These loans are available exclusively to Canadian students. Briercrest does not participate in US Federal Student Aid. 

While you’re studying full-time, you don’t need to make payments, and the government covers the interest during this period.

After graduation, you’ll have a six-month grace period before repayment begins. If you’re facing financial difficulty, you may be eligible for the Repayment Assistance Plan to help manage your loan.

Students from SK, ON, and NB: Once you’ve submitted your student loan application, you are required to submit a Program Information Form to Briercrest. If you miss this important step, your student loan application is not complete and will not be assessed. This will delay receiving funds. Please forward the required form to studentfinance@briercrest.ca.  The sooner this is completed, the better the chances your funding will arrive before the academic year begins.

When you receive your Notice of Assessment, you’ll be asked to sign a Master Student Financial Assistance Agreement (MSFAA). This agreement confirms your responsibility for any funding you receive. You’ll only need to sign the MSFAA once—unless you’ve been out of school and loan-free for two years or more. We recommend completing this before arriving on campus in September.

For full details, visit your provincial student aid website.

Be sure to carefully review your Notice of Assessment, paying close attention to the amount and disbursement date of your funding.

The final step in the loan process is for Briercrest to confirm your enrolment. At that point, we’ll request that the funds be sent directly to the school to be applied to your student account, in accordance with provincial guidelines. You’ll receive an email from the Student Finance Office confirming the amount being directed to Briercrest.

Please note: It is the student’s responsibility to monitor their account and ensure that all tuition, fees, and room and board are paid in full by the posted deadlines.

If you’re registered as a full-time student and taking out a new loan that is confirmed before September 30, Briercrest will automatically confirm your enrolment with your government loan provider—no action needed on your part.

If your new loan won’t be confirmed by September 30, or you’re not taking out a new loan this year, you’ll need to submit a Confirmation of Enrolment (Schedule 2) to maintain your interest-free status.

• Ontario students: Submit a Continuation of Interest-Free Status application online or complete and mail the paper form.

• Students from all other provinces: Submit the Schedule 2 electronically through your NSLSC account.

  1. Create or log in to your NSLSC Online Services account.

  2. Select “Confirmation of Enrolment” in the menu.

  3. Fill out the required information and submit your request.

  Once submitted, Briercrest will complete the confirmation electronically. This will ensure your loan remains interest-free while you’re in school.

The National Student Loan Service Centre (NSLSC) is a valuable resource for managing and repaying your student loan. Be sure to review information specific to your province, as repayment processes can vary.

• If you’re from British Columbia, Ontario, New Brunswick, Newfoundland, or Saskatchewan, you can view your loan balance directly through your NSLSC account.

• If you’re from Alberta, Manitoba, Nova Scotia, or Prince Edward Island, you’ll find your Canada Student Loan information on NSLSC, while provincial loan balances must be accessed through your provincial lender.

To help you plan ahead, the Loan Repayment Estimator is a great tool—you can calculate your minimum monthly payments and see how making extra payments could reduce your overall interest.

If you’re experiencing financial difficulty, the Government of Canada offers a Repayment Assistance Plan (RAP) to help make your payments more manageable. For more details, visit the Repayment Assistance Plan page.