Getting Your Money

After your application has been received by Alberta Student Aid, it can take up to 30 calendar days to be processed.

Once your application is processed, you will receive a Student Award letter. This will tell you:

  • Whether you are eligible for funding
  • How much you can expect to receive in loans and/or grants
  • When you can expect to receive the money

If this is the first time you are approved for student loans, you will need to sign loan agreements.

Receiving Your Funding

You will receive your loans and/or grants when these 3 conditions are met:

  1. You have completed your loan agreements.
    You only have to complete your loan agreements once, the first time you receive loan funding.

  2. Your school has confirmed your registration.
    Student Aid will contact your school to confirm:

    - your program
    - the dates you are attending

    Most schools confirm your registration automatically. Your school may request your tuition and fees be paid directly to them from your student loan.

    If your school cannot confirm your registration automatically, the confirmation of registration documents will be sent to you. You need to take these documents to your school to confirm your registration.

  3. You are within 1 week of starting school.
    The earliest student loans can be sent to you is approximately 1 week before classes begin. Most students receive their student loans on or very close to their period of study start date.