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 1	Column 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 1	Column 2	Column 3
Family size (number of persons)	Annual Income Threshold	Annual phase-out rate
1	$30,000	0.057120
2	$42,426	0.041280
3	$51,962	0.035520
4	$60,000	0.034080
5	$67,082	0.032640
6	$73,485	0.031200
7 or more	$79,373	0.030240

TABLE 3

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

Column 1	Column 2	Column 3
Family size (number of persons)	Annual Income Threshold	Monthly phase-out rate
2	$42,426	0.00458663
3	$51,962	0.00394664
4	$60,000	0.00378667
5	$67,082	0.00362667
6	$73,485	0.00346669
7 or more	$79,373	0.00335999

TABLE 4

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

Column 1	Column 2	Column 3
Family size (number of persons)	Annual Income Threshold	Weekly phase-out rate
2	$42,426	0.00091733
3	$51,962	0.00078933
4	$60,000	0.00075733
5	$67,082	0.00072533
6	$73,485	0.00069334
7 or more	$79,373	0.00067200

TABLE 5

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

Column 1	Column 2	Column 3
Family size (number of persons)	Annual Income Threshold	Weekly phase-out rate
4	$60,000	0.00113600
5	$67,082	0.00108800
6	$73,485	0.00104001
7 or more	$79,373	0.00100800

TABLE 6

Income Threshold for Eligibility for Grants — Full-time Students

Column 1	Column 2	Column 3
Family size (number of persons)	Annual Income Threshold	Monthly phase-out rate
1	$30,000	0.0119
2	$42,426	0.0086
3	$51,962	0.0074
4	$60,000	0.0071
5	$67,082	0.0068
6	$73,485	0.0065
7 or more	$79,373	0.0063