Master Student Financial Assistance Agreement

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The Master Student Financial Assistance Agreement (MSFAA) replaces previous federal and provincial loan agreements. Since it is a multi-year agreement, it is more efficient and easier to use. For instance, you will not need to sign a new agreement the next time you apply for student financial assistance (unless you take a two-year break in study or establish residency in another province/territory).

The MSFAA outlines your responsibilities and the terms and conditions of accepting and repaying your student loans.

Your MSFAA will not show you how much you are getting in federal and provincial loans or grants. You will receive a separate Notice of Assessment from your province or territory that tells you how much student financial assistance you will receive.

Here are the terms and conditions of your MSFAA if you are a resident of:

Alberta MSFAA
2015 Alberta MSFAA (Revised as of the 2015/2016 program year)
2014 Alberta MSFAA (Revised as of the 2014/2015 program year)
2013 Alberta MSFAA
British Columbia MSFAA
2015 British Columbia MSFAA (Revised as of the 2015/2016 program year)
2013 British Columbia MSFAA (Revised as of the 2013/2014 program year)
2011 British Columbia MSFAA
Manitoba MSFAA
New Brunswick MSFAA
2014 New Brunswick MSFAA (Revised as of the 2014/2015 program year)
2013 New Brunswick MSFAA
Newfoundland and Labrador MSFAA
2014 Newfoundland and Labrador MSFAA (Revised as of the 2014/2015 program year)
2012 Newfoundland and Labrador MSFAA
Nova Scotia MSFAA
Ontario MSFAA
Prince Edward Island MSFAA
Saskatchewan MSFAA
2015 Saskatchewan MSFAA (Revised as of the 2015/2016 program year)
2012 Saskatchewan MSFAA
Yukon MSFAA
For steps on how to complete and submit your MSFAA, see How to apply for a Student Loan.