Canada Student Financial Assistance Regulations
SCHEDULE 4(Paragraphs 14.3(b) and 38(1)(d), (3)(c) and (4)(c), subsections 38.1(2) and (3), paragraphs 38.2(2)(b) and (3)(b) and subsections 40.02(2) and (2.1) 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 |
TABLE 7
Income Threshold for Eligibility for Grants for Loan Year 2020-2021 — Part-time Students
Column 1 | Column 2 | Column 3 |
---|---|---|
Family Size (number of persons) | Annual Income Threshold | Annual Phase-out Rate |
1 | $31,868 | 0.11423856820994500 |
2 | $45,068 | 0.08255933952528380 |
3 | $55,196 | 0.07103954534690980 |
4 | $63,735 | 0.06815987276823750 |
5 | $71,258 | 0.06528006963207430 |
6 | $78,060 | 0.06240033280177490 |
7 or more | $84,313 | 0.06047980646461930 |
TABLE 8
Income Threshold for Eligibility for Grants for Loan Year 2020-2021 — Full-time Students with Dependants
Column 1 | Column 2 | Column 3 |
---|---|---|
Family Size (number of persons) | Annual Income Threshold | Monthly Phase-out Rate |
2 | $45,068 | 0.00917325994725376 |
3 | $55,196 | 0.00789328281632331 |
4 | $63,735 | 0.00757331919647083 |
5 | $71,258 | 0.00725334107023048 |
6 | $78,060 | 0.00693337031130833 |
7 or more | $84,313 | 0.00671997849606881 |
TABLE 9
Income Threshold for Eligibility for Grants for Loan Year 2020-2021 — 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 | $45,068 | 0.00183465198945075 |
3 | $55,196 | 0.00157865656326466 |
4 | $63,735 | 0.00151466383929417 |
5 | $71,258 | 0.00145066821404609 |
6 | $78,060 | 0.00138667406226167 |
7 or more | $84,313 | 0.00134399569921376 |
TABLE 10
Income Threshold for Eligibility for Grants for Loan Year 2020-2021 — 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 | $63,735 | 0.00227199575894125 |
5 | $71,258 | 0.00217600232106914 |
6 | $78,060 | 0.00208001109339250 |
7 or more | $84,313 | 0.00201599354882064 |
TABLE 11
Income Threshold for Eligibility for Grants for Loan Year 2020-2021 — Full-time Students
Column 1 | Column 2 | Column 3 |
---|---|---|
Family Size (number of persons) | Annual Income Threshold | Monthly Phase-out Rate |
1 | $31,868 | 0.0238 |
2 | $45,068 | 0.0172 |
3 | $55,196 | 0.0148 |
4 | $63,735 | 0.0142 |
5 | $71,258 | 0.0136 |
6 | $78,060 | 0.0130 |
7 or more | $84,313 | 0.0126 |
- SOR/2017-126, s. 3
- SOR/2018-31, s. 12
- SOR/2020-144, s. 8
- SOR/2020-144, s. 9
- Date modified: