Transferring your student loan
If you're counting on government student aid you must let the federal and/or provincial governments know that you're changing schools. If you don't, you could delay the processing of your loan application, or not receive as much money as you may be entitled.
Have you already received any disbursements of loan money from your current application?
- NO. In this case, you should either:
submit a Request for Reassessment to the Student Services Branch of the BC Ministry responsible for post-secondary education (if you're a BC resident who's applied for BC Student Assistance); or
send a letter to the provincial/territorial government (if you're studying in BC, but have applied for student aid through another province or territory).
The government will reassess your student aid eligibility based on academic year length, and the tuition, book and supply costs at your new school.
If you want to transfer your BC Student Aid to a public institution outside BC or to a private post-secondary institution in BC or elsewhere, you must make sure the institution you're transferring to is "designated" for government student aid.
Questions? Check with the Financial Aid office at your institution or the BC government's Web site: StudentAidBC.