MSFAA: what it means for students
Master Student Financial Assistance Agreement. What it means, who decides it and where to check the official source.
An MSFAA is the agreement a student signs with the government to receive Canada student loans; it is signed through the provincial aid portal.
In more detail
The Master Student Financial Assistance Agreement is a document that lets government student aid release funds under the federal loan program. It is signed once the aid application has been assessed and an offer made.
In practice it is a step inside a province's student aid process, such as OSAP, rather than a separate program. The portal will tell you when it is time to sign.
Read the agreement before signing, as it is a loan document with obligations. Ask the aid office, not a third party, if any part is unclear.
Who decides
Your province's student aid office, together with federal student aid, handles the agreement.
Where to check
What to ask a counsellor
- At which point in the aid process will I be asked to sign an MSFAA?
Questions about a term?
Bring it to a free counselling session. We explain how schools and programs work and help you prepare questions. We do not give immigration advice.
Independent advice
- Study Master Canada is an independent education counselling firm. We are an authorized agent of certain colleges and universities, directly and through recruitment partners, and the institutions compensate us. Our counselling is free to you.
- We help you choose a program and connect you with the college.
- We do not determine eligibility or funding, and we are not affiliated with any government.
- Regulated immigration work is done only by Visa Master Canada, a licensed RCIC partner, and only when you retain them directly.