We understand that financial issues can impact directly on your studies; therefore, financial planning is an important part of assuring academic success at University. We can provide you with the information and support that you need.
When you apply for admission to NSCAD by the fall deadline of March 1, you are automatically considered for Entrance Scholarships. The current range of individual entrance scholarships is $500 to $6000 and some awards are renewable for each of four years of study, making our top award approximately $25000! After each year of study at NSCAD, more scholarships will be available for application by qualified students.
The university awards about $100,000 annually to students, with more than 90 internal scholarships and bursaries available per academic year. External funding can also top $100,000 per year, with outside scholarships such as the Harrison McCain Scholarships in memory of Marion McCain, the Canada Graduate Awards, and other financial aid options.
NSCAD University offers a number of internally offered scholarships to current students. Most internally offered scholarships require at least one full time semester of study before qualifying for an application. Applications are available for download in the right hand column of this page and for pick up in the Office of Student and Academic Services for the second calendar month of each semester. Additionally, Travel Subsidy applications are available during the first month of each semester for travel related to courses or academics within the same semester.
Travel SubsidiesThe travel subsidy committee approves applications for about $12,000 per year in travel subsidies for individuals and class trips. Many students also receive student loans, direct grants and work bursaries.The Travel Subsidy application forms are available for download in the right hand column of this page and are to be submitted to the Office of Academic Affairs and Research (the due date is the last Thursday of the first month of each semester).
Student LoansThe Manager of Financial Aid and Student Counselling can help you navigate the student loan system. Remember to ask for help early in the process so problems can be resolved before they become critical.
In Canada, there are two types of government student loan programs offered:
• Canada Student Loans - A program run by the federal government.
• Provincial Student Loans - Each province or territory has its own student loans program.
You only need to submit one application. When you apply through your province, you will be assessed for both types of government student loan simultaneously.
For information on eligibility and how to apply, visit CanLearn.ca
View this Webinar on everything you need to know about repaying your student loan: https://attendee.gotowebinar.com/rt/511695486005684738
Provincial student loans websites:
• Alberta: http://www.alis.gov.ab.ca/
• British Columbia: https://studentaidbc.ca/
• Manitoba: http://www.studentaid.gov.mb.ca/
• New Brunswick: http://www.studentaid.gnb.ca/
• Newfoundland: http://www.ed.gov.nl.ca/studentaid/
• Nova Scotia: http://studentloans.ednet.ns.ca/
• Northwest Territories: http://www.nwtsfa.gov.nt.ca/
• Nunavut: http://www.edu.gov.nu.ca/apps/authoring/dspPage.aspx?page=4
• Ontario: http://osap.gov.on.ca/
• Prince Edward Island: http://www.studentloan.pe.ca/
• Quebec: http://www.afe.gouv.qc.ca/en/actualites/20131028.asp
• Saskatchewan: http://www.yesnet.yk.ca/sites/sfa
• Yukon: http://www.education.gov.yk.ca/
Canada Student Loans: National Student Loans Service Centre (NSLSC)
Students can contact NSLSC by: Phone, interactive online services, or creating an online account (no email inquiries). Call toll-free: 1-888-815-4514 Website: http://www.canlearn.ca/NSLSC services provided for students:
• process your Canada Student Loan payment
• manage your Canada Student Loan while you are in school
• manage your Canada Student Loan during repayment
• provide repayment assistance or help you customize your monthly payments
• provide customer service relating to your Canada Student Loan through interactive online services, email and telephoneOnline services for students:
• check the status of Canada Student Loans and review details of recently received Canada Student Loans
• check loan balances and review loan payment and transaction history
• update personal and other contact information
• customize your repayment: fill out a request form to increase or decrease your monthly payment
• get repayment assistance: if you qualify for periods of repayment assistance, the government will help make payments toward your loan. You could be approved to receive interest and/or principal repayment assistance
• NSLSC toobox: tools and resources to help you manage your student loan
If you drop classes through the year, it may affect your student loan. Students contemplating a change should consider the financial implications as well as the academic. Refer to the 2014/15 Refund Schedule for details and ask the Office of Student and Academic Services for advice before you drop a class.
The University maintains a financial aid program to assist full-time undergraduate students who are unable to meet the full cost of their educational expenses from other sources. Grants are awarded primarily to assist students encountering situations from unanticipated financial need. Small financial aid grants are normally given only once or twice during a student's attendance at the university.
NSCAD provides emergency short-term loans for students in need. Interim Loans are intended to help people survive until their major source of funding becomes available. Proof of incoming funding will be required for an interim loan. The maximum amount of money that a student may borrow is $500.
Students also have access to NSCAD Emergency Bursary funding. Bursary funds are designed to help students who have explored all available sources of financial assistance (such as family support, student loans and student lines of credit) and still have unmet financial need. The maximum amount of Emergency funding that a student can receive per Academic year is $500.
Payment plan options are available for students who owe outstanding fees to the university which would otherwise keep them from registering for the next semester of study. Students are encouraged to meet with the Manager of Financial Aid and Student Counselling to discuss the options available to them.