Financial Aid Timelines - Upper Year

ProgramDeadline DateResponse Time
Scotia Professional® Student Plan

No later than May 31st

For first time applicants only - please complete online application no later than May 31st.

Scotiabank will communicate its decision directly via email. Students are required to schedule a visit at the Scotiabank branch prior to September to sign loan and service agreement documents. In September, Scotiabank will advise the Financial Aid Office on its decision regarding the loan application.

2-4 weeks
Government student loans

No later than July 31st

Students should apply as early as possible. Most online applications are available early spring (April /June).  To avoid processing delays please apply no later than July 31st.

Proof of application, and eligibility, for government student loans will be required for students wishing to defer payment of their tuition fees.

4-6 weeks

Tuition fees minimum first payment due

OR

Request for deferral of minimum payment due

Early August 2013 (incoming/new students)

Early September 2013 (returning/continuing students)

Students must request for tuition deferral or make the minimum first payment by the deadlines set above in order to register.  

New/incoming students - If new/incoming students do not meet the early August deadline to pay or request deferral, their seat at the Faculty of Law may be forfeited as they are not officially registered.

Returning/continuing students – if returning/continuing students do not meet the early September deadline to pay or request deferral, their access to eLegal will be suspended. They will not be able to add courses or claim a course on which they are waitlisted. Their line of credit funds will also not be accessible, as their registration will not be confirmed to Scotiabank or any other financial institution.

1 week
Financial Aid Application

September 16th

Applications from upper-year applicants submitted after September 16 will not qualify for bursaries but only interest-free loans.

For completed applications (including supporting documentation) received by September 16th, a final assessment letter will be emailed to applicants in late October.

4-6 weeks
Tuition fees due

November 15th

Accounts with an outstanding balance as of November 15th are subject to a monthly service charge of 1.5% compounded monthly (19.56% per annum) assessed as of the 15th of every month. It normally takes 5 business days for a payment to be processed by the bank and for the amount to be updated to student accounts.

5 days
Interest payment

Copy of bank statement due February 28, 2013

Students must provide a copy of their January or February 2013 bank statement in order to receive interest payments on their interest-free loans. Interest payments will be applied to the student's account on ROSI.

 
Overdue account

April 30, 2014

Student accounts on ROSI must be paid in full by April 2014. If the account is not paid by the end of this academic year, students will be subject to academic sanctions.