Section 5 - Before Classes Start

Loan application instructions for the 2016/2017 program year (for classes starting between Aug 1 2016 and July 31 2017)


Q43. In the four months BEFORE classes start, were you or do you expect to be living with your parent(s)/step-parent/sponsor/legal guardian or living in a home owned or rented by them for at least two months?

If you are or will be living in a self-contained suite in your parents(s)/step-parent/sponsor/legal guardian’s home and paying fair market rent on a consistent basis throughout your pre-study period, mark the “NO” box. The suite must have a separate entrance, kitchen, bathroom and living area/bedroom and you are responsible for your share of the utilities (hydro, cable, telephone, etc.)

Note: Keep good records. You may be required to provide documentation of monthly rental payments.

Appeal Option
If you are living with your parent(s)/step-parent/sponsor or legal guardian and paying room and board costs, mark “YES.” If you wish these costs to be considered on your application you must submit an Appeal Request Form for room and board.


Q44. In the four months BEFORE classes start, were you or do you expect to be enrolled in full-time study for at least two months (including high school)?

For at least two of the four months before classes start, were you attending school full-time (full-time is defined as at least 60 per cent of a full course load, 40 per cent for persons with a permanent disability). This could be high school, adult basic education, college preparation, summer school, post-secondary, a training program, or co-op work term.


Q45. In the four months BEFORE classes start, were you or do you expect to be at home caring for your eligible dependent child(ren) on a full-time basis for at least two months? (Only one parent may claim to be the full-time caregiver).

For at least two of the four months before classes start, did you care for your (or your spouse’s/common-law partner’s) dependent child(ren) full-time?

Note: Caring for your dependent children prevented you from being employed outside of the family home. Read definition of “eligible dependent” in Question 42. Only one parent may claim being the full-time caregiver.


Q46. Income received in the four months BEFORE classes start. What is the total amount of income assistance (welfare) and/or BC income assistance for persons with disabilities you receive? (Do not include amount entered for this question on Appendix 2).

Enter the total amount (not monthly amount) of income assistance (welfare) and/or B.C. income assistance for persons with disabilities you receive during the four months before classes start.

Note: If you are married or common-law, you must either split the amount of income assistance (welfare) received between this question on your application and this question on Appendix 2 or only one of you may claim the full amount.


Q47. Income received in the four months BEFORE classes start. What is the total amount of employment insurance benefits (EI) you receive?

Enter your total Employment Insurance benefits (EI) you receive during the four months before classes start.


Q48. Income received in the four months BEFORE classes start. What is the total amount of gross earnings you receive from employment and net self-employment income?

Enter your total gross employment earnings and/or net self-employment income you receive during the four months before classes start.

Net self-employment income is the gross income minus the business operating expense. Self-employment includes business income, professional income, commission income, farming income and fishing income. These income amounts are before the deductions for pension contributions, employment insurance, personal exemptions and income tax. Co-op earnings must be declared, unless you were in receipt of StudentAid BC funding during the four months before classes start. Do not include tax rebates, child tax benefits, tax refunds, or the B.C. Family Bonus you receive during the four months before classes start.


Q49. Income received in the four months BEFORE classes start. What is the total amount of child-care subsidy you receive? (Only one parent may claim child-care subsidy).

Enter the total Child Care Subsidy you receive during the four months before classes start. Child Care Subsidy is the amount of money given to you by the Ministry of Children and Family Development to help you pay for day-care. Do not include the Universal Child Care Benefit.


Q50. Income received in the four months BEFORE classes start. What is the total amount of other sources of income you receive? (e.g. First Nations band funding, child support, pension, spousal support, insurance settlements, etc.).

Enter the amount you will receive from all other sources including financial gifts, income from assets, cashed assets (Canada Savings Bonds (CSB), Registered Retirement Savings Plan (RRSP), mutual funds, etc.) net rental income, First Nations Band funding, child support, pensions, spousal support, insurance settlements, inheritance and any other income not listed on Questions 49 - 52. Write the type of income in the “specify” box. Do not include tax rebates, child tax benefits, tax refunds or the B.C. Family Bonus. If these are your only sources of ‘other income,’ leave the ‘specify’ box blank and enter ‘0’ for this question.


Q51. Expenses paid in the four months BEFORE classes start. What is the total amount of Canada student loan and/or provincial student loan regular scheduled payments made?

Payments are defined as those which have been set under a formal monthly repayment schedule with your service provider and/or bank. Do not include payments or interest penalties on defaulted loans, loan overaward payments, or voluntary payments in excess of the expected monthly payment.


Q52. Expenses paid in the four months BEFORE classes start. What is the total amount of total day-care costs for your child(ren) age 11 years or under? Include child-care subsidy from Question 52 (Only one parent may claim day-care costs).

In the four months before classes start, what is the total amount of day-care costs for your child(ren) age 11 years or under. Include child care subsidy amount (only one parent may claim day-care costs).

Day-care costs are the monies paid to a caregiver to look after a student’s child(ren) (age 11 or younger), allowing the student and their spouse or common-law partner to attend classes or to work during the study period and/or pre-study period.

Note: if the spouse or common-law partner is at home caring for the student’s dependent child or children during the study period or the pre-study period (the four months before classes start) then day-care costs cannot be claimed.

Child Care Subsidy + Amount you pay = Total day-care costs

Do not include costs declared by your spouse/common-law partner on the Appendix 2 form. Do not include food, shelter or clothing costs. These are covered under a moderate standard of living calculation used in the assessment process.


Q53. Expenses paid in the four months BEFORE classes start. What is the total amount of child support and/or spousal support payments that you pay?

Enter child support and/or spousal support made by you in the four months before classes start.

This includes court-ordered or other arranged monthly payments.


Q54. What is the balance in all of your bank accounts (chequing, tax free savings accounts, savings, etc.) both inside and outside of Canada, at the start of classes? Do not include RRSPs, RESPs, RDSPs, term deposits, GICs, mutual funds, stocks or bonds. Enter “0” if none, or if a negative amount.

Enter the total amount which includes the amount of cash on hand and all money in your savings/chequing/tax free savings accounts from both inside and outside of Canada, at the start of classes. Do not include your spouse/common-law partner’s account balances here.

Do not include Registered Retirement Savings Plans (RRSPs), Registered Educational Savings Plans (RESPs), Registered Disability Savings Plans (RDSPs), mutual funds, term deposits, stocks or bonds here, as these assets must be claimed in the Asset and Income Information Section; otherwise, your assets will be assessed twice. If you paid your tuition and/or book costs before the start of classes, include that amount on this question.

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