Master Student Financial Assistance Agreement
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
- British Columbia MSFAA
- Manitoba MSFAA
- New Brunswick MSFAA
- Newfoundland and Labrador MSFAA
- Nova Scotia MSFAA
- Ontario MSFAA
- Prince Edward Island MSFAA
- Saskatchewan MSFAA
- Yukon MSFAA
For steps on how to complete and submit your MSFAA, see How to apply for a Student Loan.
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