 If there are any changes in your circumstances after you have applied for student assistance, you must notify StudentAid BC by completing an Appendix 7: Request for reassessment form  [617kb] if you are in full time studies, or a Part-time studies request for reassessment form if you have in part time studies.
These forms are also available at B.C. public and accredited private post-secondary schools. Complete the appropriate reassessment form and submit it to StudentAid BC.
What kind of changes should I report?
You should report any changes that affect the accuracy of the financial need and eligibility information in your student assistance application. Changes include but are not limited to:
- Your income, assets or investments, including any new sources of income not listed in your application.
- Financial estimates, assets or investments of your spouse/common-law partner or parents/step-parents/sponsor/legal guardian.
- Your program of study or study period dates.
- Your marital status before the first day of classes.
- Your living situation before the first day of classes (such as whether you are living in a home owned or rented by your parents, or living away from your parents’ home).
- Purchase/sale/lease of a motor vehicle
- The birth or adoption of a child
All information is subject to audit and verification. Keep all receipts and supporting documentation related to your changed circumstances, as these may be needed if you are audited.
Deadline: The completed reassessment form and supporting documentation must be received by the StudentAid BC office no later than six weeks before your studies end. Faxes will not be accepted. Funding cannot be issued after your studies end.
If you fail to report changes to your application information, you may become ineligible for funding through StudentAid BC.
What if I transfer schools?
If you have applied for or if you are receiving financial assistance, you must notify StudentAid BC if you transfer from one school to another.
Transferring before you get funding
If you have applied for, but have not yet received, any funding when you change schools, complete the appropriate reassessment form and submit it to StudentAid BC for processing.
Transferring after you get funding
If you have already received your StudentAid BC funding when you change schools, you must complete an Appendix 5: Transfer of school form [458kb].
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You, your old (original) school and your new school are all required to fill out separate sections of the Appendix 5 form, so you will need to contact the financial aid offices or school officials at both schools (the school you are transferring from and the school you are transferring to). |
After the transfer of school form is completed, submit it to StudentAid BC for processing.
Deadline: Your completed form must be received by StudentAid BC no later than six weeks before your study period ends.
Two-week time limit for transfers
You may do a transfer if the length of time between leaving one school and starting your new school is two weeks or less; otherwise you are considered withdrawn from your previous school and you will have to complete a new StudentAid BC application.
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For student funding purposes, your combined total study period cannot exceed 12 months (52 weeks). |
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