StudentAid BC financing varies in accordance with your financial predicament, status, duration of research system, wide range of dependants as well as other facets.
How much money you will get from StudentAid BC is dependent upon your monetary need, that is determined applying this formula:
Academic costs- pupil Resources= Financial need
We subtract your total resources from your total academic expenses to determine your evaluated economic need.
Your evaluated need is then compared to the most funding that is weekly permitted for the research duration. The reduced of those two quantities is exactly what you may be entitled to get.
Pupil residing Allowances
The month-to-month pupil residing allowances for every group of student are meant to protect prices for shelter, meals, regional transportation, and miscellaneous expenses. These are typically standard allowances for the moderate quality lifestyle founded because of the government that is federal. The allowances differ predicated on a pupil’s residing situation while the territory or province where they’ll be learning.
The 2019/20 allowances for pupils surviving in B.C. Are below. Allowances for any other living situations are available in the SABC Policy handbook.
|2019/20 Allowances that is living for surviving in B.C.||Monthly||Weekly|
|solitary pupil far from home||$1,639||$381|
|solitary student living in the home||$690||$160|
|Single parent (add child allowance x amount of dependants)||$2,011||$468|
|Married student/spouse (add child allowance x amount of dependants)||$3,076||$715|