The Financial Aid and Awards Office assists students and prospective students in seeking and securing financial assistance to enable them to pursue their scholastic objectives. Student financial assistance is available in various forms, including government financial aid, usually in the form of student loans and/or bursaries, university scholarships and bursary programs, on-campus work opportunities through the University Work Study Program, and corporate scholarship programs.
Financial Aid & Awards Assistance Programs:
- Bookstore Line of Credit
- Canada Student Loan Program
- Canadian Forces Personnel Assistance Fund
- Entrance Bursary Program
- Entrance Scholarship Program
- In-Course Bursary Program
- In-Course Scholarship Program
- International Student Tuition Bursary
- MEQ Student Mobility Program
- Provincial Assistance Programs
- Scholastic Awards
- Short-term Advances/ Emergency Loans
- Summer Language Immersion Program
- Tuition Deferrals
- Bookstore Line of Credit
- U.S. Federal Loan Program
- Work-Study Program
The staff at the Financial Aid and Awards Office is available to explain eligibility requirements and application procedures. You are encouraged to plan your personal budget well in advance, as it can take two to three months to process government student financial applications.
Financial Aid Advisors are available to provide you with personalized, in-depth assistance with your student aid record. You should consult them if you require assistance involving a detailed review of your circumstances, such as:
- Verification and forecasting of Quebec loans and bursaries financial needs assessments.
- Verification of eligibility for assistance.
- Advice on processing of applications for government student financial aid.
- Correction of student files with government student aid agencies.
- Processing of appeals to government agencies.
- Inquiries regarding anomalies related to the processing of student aid applications.
- Verification of required documentation.
- Disbursement of aid.
Student loan debt repayment advice
Most students do not give a lot of thought to the repayment terms of their student loans and the impact these will have on their future. Financial Aid Advisors are available to help students weigh their projected debt against their projected income, and to explore the various repayment options available.
Tuition Deferrals
Students who are blocked from registering for an upcoming semester because of an overdue student account balance may apply for a Tuition Deferral which would provide them the ability to register for courses.
Eligibility for a Tuition Deferral is based upon the following conditions:
- The student has received confirmation of funding from a government student aid program that is disbursed by the University's Financial Aid & Awards Office.
- The amount of upcoming government student aid amount must be greater than the overdue amount in the student's account balance (i.e. Fall student aid disbursement is $3,000 and the outstanding student account balance is $2,500)
- The student must plan to register as a full-time student, according to your government's definition of full-time.
- The student must have a plan on how they will be able to enter their next semester of study without requiring an additional Tuition Deferral.
- There may be further requirements or conditions if a student has received a Tuition Deferral in a previous semester.
If you receive approval for a Tuition Deferral, you will still be responsible for late fees and interest on your outstanding loan balance. The purpose of applying for a Tuition Deferral is to allow a student participating in a government loan/bursary program the opportunity to register for the upcoming semester.
Students must meet with a Financial Aid Advisor to apply for a Tuition Deferral.
Bookstore Line of Credit
A Bookstore Line of Credit can allow you to purchase the books and documents on your class book list and have the cost added to your student account at the University. To qualify, you must be receiving or have a confirmation of provincial, federal or state (U.S.) financial aid that is disbursed to the student by the University's Financial Aid and Awards Office (FAAO).
Students must see a Financial Aid Advisor for further information on eligibility requirements and conditions.
Short-Term Advances / Emergency Loans
Limited funds are available at the Financial Aid and Awards Office for Concordia University students who are experiencing financial difficulties. Such advances are issued to full-time and part-time undergraduate and graduate students.
Students must see a Financial Aid Advisor for further information on eligibility requirements and conditions. You will be required to bring your student aid assessment or a recent pay-stub when requesting a short-term advance or emergency loan.
