O W N E R ’ S M A N U A L
Disbursement: getting your money
S o, you’ve filled out your application.
What happens next?
to determine if your school has to sign the
Agreement to confirm you are a full-time
Q How much will I get? • If you provide your banking informa-
A After your application is processed, you tion on the first Agreement you receive,
any future Alberta student loans may be
will receive a Notice of Assessment in the automatically deposited into your bank
mail telling you the amount of student fund- account. Otherwise, you will receive a
ing you will receive. If you applied cheque in the mail.
for funding online, you will see the
Tip estimated amount of funding you are
You must have a eligible for immediately. You may be Q Will money be sent directly to my
able to check the status of your appli- school?
cation on alis.alberta.ca/apply.
account, solely in A Yes, if your educational institution
your own name,
into which your
Q How do I get my money? requested that tuition fees be paid directly to
them from your loan disbursement amount.
loan funding can be A Your student funding will be • Go to canlearn.ca to find out the amount
either direct deposited into your bank of your Canada student loan that has been
deposited. This is
account or mailed to you. paid to the school.
to ensure that your
For Canada Student Loans • Go to edulinx.ca to find out the amount
student loan funding
• If you provide your banking of your Alberta student loan that has been
is protected and can-
information on the loan certificate, paid to the school.
not be accessed by the National Student Loans Service
If you disagree with the tuition amount that
anyone else. Centre will deposit your funds into
your school has requested be sent to them,
your bank account. Follow the cash-
you must negotiate with them directly.
ing instructions on the information sheet
you receive to determine if your school has
to sign the certificate to confirm you are a
Q How will I know when I get my
• If you do not provide your banking
information, a cheque will be mailed to A There are 3 ways to find out when your
you approximately two weeks before the loan money is paid:
disbursement date on your certificate. 1. Visit the “Recent Disbursement” page at
edulinx.ca to find out when and how much
For Alberta Student Loans
of your Alberta student loan was sent to
• When you qualify to receive your first you and/or your school. Visit the National
Alberta student loan, you will receive an Student Loans Service Centre: On-line
Agreement in the mail about two weeks Services at canlearn.ca to find out when and
before the disbursement date on your how much of your Canada student loan was
Agreement. Follow the cashing instruc- sent to you and/or your school.
tions on the information sheet you receive
Continued on next page
O W N E R ’ S M A N U A L
2. A letter from EDULINX sent each time you • review your direct Alberta student loan
are paid Alberta student loans (automati- account and balance
cally direct deposited into your bank account
• complete online Revision of Terms; change
or by cheque). A letter from the National your payment amount, payment term,
Student Loans Service Centre sent each time payment date
you are paid Canada student loans.
• print off and mail in a Pre-Authorized
3. The Notice of Assessment you receive after Payment Form
you applied for funding. It shows you when
your loan amounts will be paid. • complete a one-time lump sum payment if
you are participating in the pre-authorized
EDULINX On-line Services • review your current account statements
EDULINX has a secure, self-serve website online at any time
that allows you to access and view informa- • benefit from an enhanced personal mes-
tion on your direct Alberta student loans saging centre that reminds you about key
only. dates in the life of your student loan
This website at edulinx.ca allows you to: • obtain your previously cashed Alberta stu-
• complete online Entrance and Exit dent loan agreement/certificate numbers
Counselling sessions to learn about your from your student profile
student loan responsibilities If you have any questions regarding this
• update your personal and contact website, contact the EDULINX On-Line
information Services Help Line at 1-866-852-5629 or
• determine if your current cashed Alberta
student loan funds have been either:
a) deposited into your bank account, or
b) mailed to you as a cheque
Where Do My Loans get cashed?
Alberta Student Loans:
Monday to Friday, 7:30 am to 8:30 pm your local time
Canada Student Loans:
National Student Loans Service Centre
• Toll Free: 1-888-815-4514 (within North America)
• TTY: 1-888-815-4556
• Countries outside of North America:
dial international access code + 800 2 225-2501 (toll free)
• Countries outside of North America without an international access code: call
the Canadian operator at 800 0800 096 0634, then call collect 905-306-2950
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