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Canada Student Financial Assistance Regulations

Version of the schedule from 2018-08-01 to 2020-07-31:


SCHEDULE 4(Paragraphs 14.3(b) and 38(1)(d) and subsections 38(3) and 38.1(2), paragraph 38.2(2)(b) and subsections 40.02(2) and 40.021(1))

TABLE 1

Income Threshold for Eligibility for Financial Assistance — Part-time Students

Column 1Column 2
Family size (number of persons)Annual Income Threshold
1$61,513
2$86,031
3$102,638
4$112,817
5$122,229
6$131,177
7 or more$138,897

TABLE 2

Income Threshold for Eligibility for Grants — Part-time Students

Column 1Column 2Column 3
Family size (number of persons)Annual Income ThresholdAnnual phase-out rate
1$30,0000.057120
2$42,4260.041280
3$51,9620.035520
4$60,0000.034080
5$67,0820.032640
6$73,4850.031200
7 or more$79,3730.030240

TABLE 3

Income Threshold for Eligibility for Grants — Full-time Students with Dependants

Column 1Column 2Column 3
Family size (number of persons)Annual Income ThresholdMonthly phase-out rate
2$42,4260.00458663
3$51,9620.00394664
4$60,0000.00378667
5$67,0820.00362667
6$73,4850.00346669
7 or more$79,3730.00335999

TABLE 4

Income Threshold for Eligibility for Grants — Part-time Students with One or Two Dependants

Column 1Column 2Column 3
Family size (number of persons)Annual Income ThresholdWeekly phase-out rate
2$42,4260.00091733
3$51,9620.00078933
4$60,0000.00075733
5$67,0820.00072533
6$73,4850.00069334
7 or more$79,3730.00067200

TABLE 5

Income Threshold for Eligibility for Grants — Part-time Students with Three or More Dependants

Column 1Column 2Column 3
Family size (number of persons)Annual Income ThresholdWeekly phase-out rate
4$60,0000.00113600
5$67,0820.00108800
6$73,4850.00104001
7 or more$79,3730.00100800

TABLE 6

Income Threshold for Eligibility for Grants — Full-time Students

Column 1Column 2Column 3
Family size (number of persons)Annual Income ThresholdMonthly phase-out rate
1$30,0000.0119
2$42,4260.0086
3$51,9620.0074
4$60,0000.0071
5$67,0820.0068
6$73,4850.0065
7 or more$79,3730.0063
  • SOR/2017-126, s. 3
  • SOR/2018-31, s. 12

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