MSFAA describes your responsibilities and the conditions for accepting and repaying your student loans. The Master Student Financial Assistance Agreement (MSFAA) is a legal document that defines your responsibilities and the conditions for accepting and repaying your student loans. MSFAA is a multi-year contract. Students who are part of the following groups must enter into MSFAA to obtain public funds (subsidies and loans) for the academic year: the Master Student Financial Assistance Agreement (MSFAA) replaces the old loan contracts of the Confederation and the provinces. Because it is a multi-year contract, it is more efficient and easier to use. For example, you don`t need to sign a new agreement when you apply for student financial assistance (unless you have a two-year study period or you create your residency in another province/region). SecureKey registration partners are groups such as banks and credit unions that have partnered with SecureKey Technologies to enable their customers to use their credentials online (. B, for example, card numbers or usernames and passwords) to access administration services. Your bank details will not be passed on to the government via this service. See the list of participating banks. Here are the terms and conditions of your MSFAA if you are a full-time student residing in: If your financial institution is not a SecureKey registration partner or if you do not wish to use this service, you can obtain registration information (username and password) via GCKey, a Canadian government service. Your MSFAA does not show you how much you receive federal and regional loans or grants. You will receive a separate assessment notice from your province or territory to inform you of the amount of financial assistance you receive for students.
After registration, you will be redirected to the NSLSC website, where you can complete the MSFAA: two options will be displayed to confirm your identity and register your account with NSLSC. You can use a SecureKey or GCKey connection partner. They are brought to an external website to carry out this identity verification process. . Once you have been evaluated by OSAP and approved for funding, NSLSC will send you a welcome email within two to three business days (to the email address you have listed in your OSAP account). Follow the link in the email to start the registration process. If you would like to receive the email and verify its authenticity, please contact NSLSC. The MSFAA can be completed online in a two-step process. You need the following information: