Cmpleting Yur Master Student Financial Assistance (MSFAA) Agreements Alberta and Canada have lifetime Master Student Financial Assistance Agreements (MSFAAs) that will cver yu fr all f the time yu are in full-time pst-secndary studies. Generally, yu nly have t prvide these agreements nce. Yu will receive a ntificatin email/letter asking yu t print, cmplete and sign tw financial assistance agreements: 1. Alberta MSFAA - fr Alberta (prvincial gvernment) student lans/grants, and 2. Canada MSFAA - fr Canada (federal gvernment) student lans/grants. Tip! View MSFAA samples belw. Step 1: Review yur MSFAA Agreements Check Yur Persnal Infrmatin Ensure the persnal infrmatin n yur Alberta and Canada MSFAA is crrect. Fllw these instructins if yu need t crrect yur persnal infrmatin r update yur cntacts: 1. If there is incrrect persnal infrmatin n yur MSFAAs d nt adjust directly n yur MSFAA agreements. Yu must cntact the Student Aid Alberta Service Centre and request that yu receive 2 new MSFAA agreements. The persnal infrmatin yu may need t crrect culd include: Legal name change t yur First/Last Name Date f Birth (DOB) Scial Insurance Number (SIN) Nte! Yu will be asked t prvide a prf f name change, r verify yur DOB/SIN t Student Aid Alberta. 2. T update yur mailing address, email address and/r phne number, lg in t yur persnal accunt in the Students Finance System (SFS) and g t Address Update: SFS: Lgin Read the terms and cnditins The MSFAAs are binding legal agreements. Read the terms and cnditins f yur student lans and grants. Step 2: Prvide Yur Banking Infrmatin There are tw ways t submit yur banking infrmatin fr direct depsit int yur persnal bank accunt: 1. Attach 2 VOID cheques ne fr yur Alberta MSFAA and ne fr yur Canada MSFAA 2. Fill in the fllwing banking infrmatin (see Electrnic Transfer sectin) n bth yur Alberta and Canada MSFAA agreements. Transit Number / Bank ID / Accunt Number (See bttm f yur cheque) Name and Address f Financial Institutin If yu dn t prvide yur bank accunt infrmatin fr each f the agreements (Alberta MSFAA + Canada MSFAA) - r bank errrs ccur, yur funds will be delayed. Nte! A prtin r all f yur funds may be sent directly t yur schl t pay fr yur tuitin and ther schl fees.
Cmpleting Yur Master Student Financial Assistance (MSFAA) Agreements / Page 2 Step 3: Sign and Date Yur Agreements Yu must prvide an riginal ink signature n bth f yur Alberta MSFAA and Canada MSFAA agreements. Nte! Yu must als sign and date yur Alberta MSFAA agreement in tw places. Step 4: Take Yur MSFAA Agreements t a Designated Canada Pst Outlet Take yur Alberta and Canada MSFAA agreements t a designated Canada Pst utlet right away. Canada Pst will verify yur identificatin, stamp yur agreements as received and return t yu cpies fr yur recrds. Keep these pages fr yur reference as they utline the terms and cnditins f the lan. Yu must present the fllwing 2 pieces f dcumentatin t prve yur identity: 1. Prf f yur Scial Insurance Number (SIN) Yur Scial Insurance Number (SIN) card r An fficial Gvernment f Canada dcument that cntains yur Scial insurance Number. Fr example: Find a list f designated Canada Pst utlets n studentaid.alberta.ca, r visit: Canada Student Financial Assistance Call 1-888-815-4514 Canada Revenue Agency Ntice f Assessment, Canada Pensin Plan Statement f Cntributins r Other prf f SIN letter frm Service Canada 2. One piece f valid pht ID issued in Canada by the federal, prvincial r territrial gvernment Examples f acceptable ID: Canadian passprt, Permanent resident r citizenship card, r Valid driver s license. Nte! Yu must always cmplete and return bth MSFAA agreements (Alberta MSFAA + Canada MSFAA) even if yu nly receive ne type f lan. Always prvide banking infrmatin fr bth agreements (Alberta MSFAA + Canada MSFAA) - even when yu are mailing yur MSFAAs separately. Can t Get t a Designated Canada Pst Outlet Yu can mail page 1 f bth yur MSFAA agreements (Alberta MSFAA + Canada MSFAA) directly t the Student Aid Alberta Service Centre with clearly readable cpies f yur 2 pieces f gvernment-issued pht ID AND scial insurance number card/letter. D nt send riginals! Ensure yu either attach 2 VOID cheques r fill in the banking infrmatin sectin n each f yur MSFAA agreements. Student Aid Alberta Service Centre PO Bx 4050, Mississauga STN A Mississauga, ON L5A 4M9 Submit by Mail - Tips! Ensure yur cpies are legible. Otherwise, yu can expect delays! Yur riginal ID dcuments are valuable. D NOT enclse riginal ID in the mail! Take Nte! Yur signed MSFAAs shuld be received at the Student Aid Alberta Service Centre at least 2 weeks befre yur current study perid ends.
Cmpleting Yur Master Student Financial Assistance (MSFAA) Agreements / Page 3 Yur MSFAAs - Requirements Check List Persnal Infrmatin appearing n Alberta and Canada MSFAA agreements Surname and given names: Yur name must be written exactly as it appears n yur tw pieces f identificatin. Date f birth / Scial Insurance Number (SIN): The specific year, mnth and day f yur birth and yur SIN number must be written exactly as appears n yur tw pieces f identificatin. in ink: Yu must sign yur usual signature n bth f yur Alberta and Canada MSFAA agreements. Ensure bth MSFAAs are signed even when nly receiving ne type f funding r when submitting yur agreements via separate mail packages. Nte: Alberta MSFAA agreement requires tw signatures: Faxed r Electrnic Uplad Dcuments are NOT accepted. Banking Infrmatin: D nt authrize direct depsit f yur funding int anther persn s accunt. Yu can nly use yur wn persnal bank accunt t receive direct depsit funds. Submit 2 VOID cheques ne fr each f yur MSFAAs, r fill in yur banking infrmatin n each separate Alberta/Canada MSFAA. The name n yur VOID cheque must exactly match yur surname and given name as appearing n yur tw pieces f ID PLUS as shwn n bth f yur Alberta/Canada MSFAAs. Submit Yur MSFAAs by Mail: Dcuments t Prve Yur Identity: Be sure t submit 2 clearly readable cpies f each required type f ID fr bth MSFAA agreements! i.e. ne cpy f yur Prf f SIN PLUS a cpy f yur Pht ID fr Alberta MSFFA and a secnd cpy f yur Prf f SIN PLUS a cpy f Pht ID fr Canada MSFAA. Nte: This is particularly imprtant when submitting yur MSFAA agreements in separate envelpes. D NOT send yur riginal ID, send phtcpies nly! The name n yur VOID cheque must exactly match yur surname and given name appearing n yur tw pieces f ID, PLUS as appearing n bth f yur Alberta and Canada MSFAA agreements. Mre Infrmatin Call the Student Aid Alberta Service Centre: 1-855-606-2096 (Select Optin #3) Tll free Nrth America Internatinal Access Cde + 800 2 529-9242 Tll free Internatinal 1-855-306-2240 TTY fr hearing impaired Revised: Feb 1, 2017
SAMPLE ONLY - D NOT use! IMPORTANT PLEASE READ MASTER STUDENT FINANCIAL ASSISTANCE AGREEMENT FOR ALBERTA AB MSFAA # Part A Yur Infrmatin Student s First Name, Last Name and Mailing Address Let the Student Aid Alberta Service Centre knw if yur persnal infrmatin changes. Call: 1-855-606-2096 Part B Terms and Cnditins Date f Birth (dd-mmm-yyyy) Area Cde and Telephne Number Scial Insurance Number Check yur SIN 1. This Master Student Financial Assistance Agreement Alberta (MSFAA-Alberta) is between the applicant fr financial assistance, as identified in Part A ( Student ) and Her Majesty the Queen in right f Alberta as represented by the Minister f Advanced Educatin ( Minister r Advanced Educatin ), made pursuant t the Student Financial Assistance Act (Alberta). In cnsideratin f the Minister prviding an Alberta Student Lan under this MSFAA-Alberta, and by signing Part D belw, the Student agrees t the Terms and Cnditins f this lan agreement. This MSFAA-Alberta is cmprised f: Part A: Yur Infrmatin; Part B: Terms and Cnditins; Part C: Electrnic Funds Transfer; Part D: Yur Acknwledgement and ; Part E: Additinal Terms and Cnditins. 2. Until such time as the Alberta Student Lan, tgether with interest and any ther amunts t be paid by the Student t the Minister are paid in full, the Student agrees: a. that this Alberta Student Lan, tgether with any and all funds r ther financial assistance received by the Student frm the Minister pursuant t the Alberta Student Finance Acts shall be subject t, gverned by and frm part f this MSFAA-Alberta, as amended frm time t time, entered int between the Student and the Minister; b. t use the Alberta Student Lan exclusively fr the purpses f btaining Necessities; c. that the Minister may pay a prtin r all f the Alberta Student Lan directly t the educatinal institutin listed n the Student s Applicatin fr payment f the Student s tuitin and any mandatry fees; d. t prvide ntice f any changes t the Student s name, address, marital r cmmn law partner status, financial circumstances, academic status r study perid, any change in the address r financial circumstances f the Student s spuse/partner, r t any ther infrmatin cntained in the Applicatin, in accrdance with the instructins relating t changes f infrmatin fund n the Student Aid Alberta website, studentaid.alberta.ca; e. t prvide all infrmatin requested by the Minister which, in the Minister s sle discretin, is required t verify any statements made in this MSFAA-Alberta; f. t abide by all applicable prvisins f the Alberta Student Finance Acts. If any f the terms f this MSFAA-Alberta cnflict with any f the Alberta Student Finance Acts, then Sample Part C Electrnic Funds Transfer Transit Number Bank ID Accunt Number (Refer t bttm f persnal cheque): OR ATTACH A VOID CHEQUE Name and Address f Financial Institutin: fill in yur banking infrmatin. Part D Yur Acknwledgement infrmatin. and the prvisins f the applicable Alberta Student Finance Act will apply; g. t repay the full amunt f the Alberta Student Lan, tgether with interest and any ther amunts t be paid by the Student t the Minister, in accrdance with the prvisins f this MSFAA-Alberta; and h. that this MSFAA-Alberta shall revke and replace all previus agreements that the Student may have entered int with the Minister pursuant t any f the Alberta Student Finance Acts. 3. The Student declares that: a. all infrmatin prvided in this MSFAA-Alberta and in all ther frms and cmmunicatins submitted by the Student t the Minister is true and cmplete and the Student understands that the infrmatin is subject t review and assessment by the Minister in accrdance with the Student Financial Assistance Act (Alberta); and b. the Student has read, understd, and agrees t be bund by all the terms and cnditins f this MSFAA- Alberta including thse in Part E, which frm part f this MSFAA-Alberta, and acknwledges having retained a cpy f this MSFAA-Alberta. The apprved amunt f any Alberta Student Lan disbursed under this MSFAA-Alberta will be electrnically depsited int yur Canadian bank accunt that yu currently hld r jintly hld, as entered belw. Electrnic withdrawals may als be made frm this bank accunt when payment is triggered, as per sectin 16, subject t yur right f revcatin, as per sectin 22. If yu fail t prvide yur bank accunt infrmatin, disbursement f yur Alberta Student Lan will be delayed and may nt prceed. This MSFAA-Alberta des nt specify the actual amunt(s) that will be disbursed t yu r the amunt(s) yu will be required t repay. The amunt(s) that will be disbursed t yu under this MSFAA-Alberta will be determined based n needs assessment(s) f yur Applicatin(s) fr financial assistance in accrdance with federal and prvincial legislatin and plicies. Yu will be respnsible under this MSFAA-Alberta fr paying yur Alberta Student Lan. By signing Part D, yu freely prvide yur cnsent(s), certificatin(s) and ratificatin(s) and yu agree t all the Terms and Cnditins set ut in the MSFAA- Alberta. Yu understand that if yu fail t sign this MSFAA-Alberta, yu will nt receive any financial assistance. Fr the purpse f verifying the data prvided in the Applicatin and the Master Student Financial Assistance Agreement - Alberta, I hereby cnsent t the release, by Canada Revenue Agency t an fficial f Advanced Educatin, f infrmatin frm my incme tax returns and, if applicable, ther required taxpayer infrmatin abut me, whether supplied by me r by a third party. The infrmatin will be relevant t and used slely fr the purpse f determining and verifying my eligibility, entitlement fr and the general administratin and enfrcement f the student financial assistance prgrams under the Canada Student Lans Act, the Canada Student Financial Assistance Act, the Students Finance Act (Alberta), the Student Lan Act (Alberta) and the Student Financial Assistance Act (Alberta). This authrizatin is valid fr the taxatin year prir t the year f signature f this cnsent, the year f signature f this cnsent and any ther subsequent taxatin year fr which assistance is requested. Student Aid Alberta Service Centre PO Bx 4050 1 855 606-2096 (tll free frm anywhere in Nrth America) Mississauga Stn A 1 855 306-2240 (TTY fr the hearing impaired) Mississauga ON 800 2 529-9242 (utside Nrth America add the apprpriate L5A 4M9 Internatinal Access Cde) Attach a separate vid cheque fr yur Alberta MSFAA, r Tday's Date Tday's Date Cpy 1 SAASC Cpy June 2016 CANADA POST STAMP Present 2 pieces f accepable gvernment-issued ID (ne pht ID PLUS a prf f SIN) Submit Cpy 1 and keep Cpy 2 (with Canada Pst stamp) and Brrwer Pages fr yur recrds. Page 1 f 4
SAMPLE ONLY - D NOT use! IMPORTANT PLEASE READ BORROWER PAGES PROTECTED WHEN COMPLETED B MASTER STUDENT FINANCIAL ASSISTANCE AGREEMENT FOR CANADA AB MSFAA # PART A YOUR INFORMATION Student s First Name, Last Name and Mailing Address Let the Student Aid Alberta Service Centre knw if yur persnal infrmatin changes. Call: 1-855-606-2096 PART B TERMS AND CONDITIONS Date f Birth (dd-mmm-yyyy) Area Cde and Telephne Number Scial Insurance Number Check yur SIN 1. Agreement: This Master Student Financial Assistance Agreement is between yu ( yu r yur ), as identified in Part A, and Her Majesty the Queen in Right f Canada, as represented by the Minister f Emplyment and Scial Develpment ( Canada ), made pursuant t the CSFAA and called the Master Student Financial Assistance Agreement fr Canada ( MSFAA-Canada ). In cnsideratin f Canada prviding Financial Assistance under this MSFAA-Canada, and, by signing Part D belw, yu agree t the Terms and Cnditins f this lan cntract. This MSFAA-Canada is cmprised f: Part A: Yur Infrmatin; Part B: Terms and Cnditins; Part C: Electrnic Funds Transfer; Part D: Yur Acknwledgement and ; Part E: Definitins; Part F: Additinal Terms and Cnditins. 2. Agreement t Repay: Yu prmise t pay yur ttal Outstanding Lan Balance in accrdance with the Terms and Cnditins f this MSFAA-Canada. 3. Certificatin: Yu certify that all infrmatin prvided in yur applicatin(s) fr Financial Assistance and n this MSFAA-Canada is true and cmplete t the best f yur knwledge. 4. Authrizatin: Where required by law, yu authrize Canada t cllect, use and disclse infrmatin related t any f yur Canada Student Lan(s) r Student Grant(s), as applicable, (i) fr the purpses f carrying ut the administratin and enfrcement f the CSFAA r CSLA, r (ii) in accrdance with sectins F.10(c) and F.10(d) f this MSFAA-Canada. 5. Ratificatin f Terms and Cnditins: At any time, Canada may amend the Terms and Cnditins f the MSFAA-Canada. Yu shuld review the Terms and Cnditins at: CanLearn.ca/MSFAA upn each applicatin fr Financial Assistance. Yu acknwledge that yur acceptance f any disbursement made under this MSFAA-Canada will ratify yur acceptance f any revised Terms and Cnditins. PART C ELECTRONIC FUNDS TRANSFER Sample The apprved amunt f any Financial Assistance disbursed under this MSFAA-Canada will be electrnically depsited int yur bank accunt as entered belw, which must be held in yur name, slely r jintly. Electrnic withdrawals may als be made frm this bank accunt when payment is triggered, as per sectin F.7(c)(iii), subject t yur right f revcatin, as per sectin F.7(e). If yu fail t prvide yur bank accunt infrmatin, disbursement f yur Financial Assistance will be delayed and may nt prceed. Transit Number Bank ID Accunt Number (Refer t bttm f persnal cheque): Name and Address f Financial Institutin: PART D YOUR ACKNOWLEDGEMENT AND SIGNATURE OR ATTACH A VOID CHEQUE This MSFAA is a legal dcument that utlines yur respnsibility related t yur MSFAA-Canada. This MSFAA-Canada des nt specify the actual amunt(s) that will be disbursed t yu r the amunt(s) yu will be required t repay. The amunt(s) that will be disbursed t yu under this MSFAA- Canada will be determined based n needs assessment(s) f yur applicatin(s) fr Financial Assistance in accrdance with federal and prvincial legislatin and plicies. Yu will be respnsible under this MSFAA-Canada fr paying yur Outstanding Lan Balance. By signing Part D, yu freely prvide yur cnsent(s), certificatin(s) and ratificatin(s) and yu agree t all the Terms and Cnditins set ut in the MSFAA-Canada. Yu understand that if yu fail t sign this MSFAA-Canada, yu will nt receive any Financial Assistance. Attach a secnd vid cheque fr yur Canada MSFAA, r fill in yur banking infrmatin. Tday's Date P.O. Bx 4030 Mississauga, ON L5A 4M4 Natinal Student Lans Service Centre 1-888-815-4514 (within Nrth America) 800-2-225-2501 (utside Nrth America, dial yur apprpriate cuntry cde first) 1-888-815-4556 (fr the hearing impaired TTY) Present 2 pieces f acceptable gvernment-issued ID (ne pht ID PLUS a prf f SIN) Cpy 1 NSLSC Cpy June 2015 Submit Cpy 1 and keep Cpy 2 (with Canada Pst Stamp) and Brrwer Pages fr yur recrds. Page 1 f 4