Step 4: Get money
Your assessment will be ready to view on MyPATH within 4 to 6 weeks after submitting your application and Tax Consent form (which gives Student Assistance consent to obtain your income tax information). Your application can’t be assessed until the Tax Consent form is received and processed.
When your MyPATH account is updated, you will receive an email. Be sure to check your spam folder as well.
After your assessment is available on MyPATH, you will need to complete a few steps to receive your money without delay.
Funding deposits and to-do list
Right now: monitor MyPATH and keep your information updated
Check MyPATH often and be sure you complete any action items, including submitting your master student financial assistance agreement (MSFAA), if applicable. Keep your address and other contact information up to date.
If your school is requesting a deposit or tuition payment now, contact their finance office to see if they will wait until your student assistance funding is released.
If your program, number of courses, bursary, scholarship or other funding changes, let Student Assistance know as soon as possible. You cannot receive any funding until the school’s record matches ours. Submit a Change of Information form, located in your MyPATH account, and upload it to your application to reflect any changes.
Ensure that your bank account information is updated, if necessary, at Resolve and the National Student Loan Service Centre.
Just before classes start: confirmation of enrollment
Your school will confirm that you are enrolled and provide Student Assistance with your updated tuition costs.
Your school also advises how much, if any, of your student assistance funding is owed to them for tuition and fees. They will receive this amount directly from us. Note that tuition and fees are set by each school; you can contact your school for more information.
When classes start: pre-study report
If required, you will complete and submit your pre-study report on MyPATH. This function is not available to you until classes start (when your pre-study period has ended). You could also be asked to submit or update your bank account information for your Nova Scotia Loan and Grant deposit.
6-10 days after release date (see MyPATH)
Funding release: Canada Student Loan and Grant
The Canada Student Loan and Grant portion of your Student Assistance funding is paid to your school and/or deposited directly to the bank account you provided when you completed your MSFAA.
During your first term
Your remaining tentative assistance amounts, if any, are finalized later in the term using your pre-study report. You cannot receive Nova Scotia Loan and Grant funding without submitting a pre-study report.
Remember to provide an update if your second term courses or program changes, or if you withdraw from your studies.
Halfway through your study period
Funding release: Nova Scotia Student Loan and Grant
Late in your first term, your school will confirm your enrollment and fees for second term, if applicable.
If you are eligible, you will receive additional funds paid to your school and/or deposited to your bank account 5 to 10 business days after the halfway point in your program, or the release date shown in MyPATH.
Haven’t received funding?
If you haven’t received your funding within 10 business days of your release date, call the National Student Loan Service Centre at 1-888-815-4514 (toll-free in North America).