How to Proceed
Items of Interest
Before
Your Studies
During
Your Studies
After
Your Studies
Parents, Sponsor,
Spouse
What is a Guarantee Certificate?
What is a Loan Agreement?
Guarantee certificate
The Guarantee Certificate is a document issued in your name to your educational institution by Aide financière aux études (AFE). Your educational institution is in charge of providing you with this document. Upon receiving your certificate, you must submit it to your financial institution in order to have it authenticated.
Your financial institution will send AFE your banking information, which will be recorded by AFE. This procedure is known as the authentication of your Guarantee Certificate. AFE will then inform your financial institution of the amount of assistance to be deposited into your account on a monthly or periodic basis.
The Guarantee Certificate is issued following the assessment of your first application for financial assistance. You will be issued a single certificate for the entire duration of your studies. However, a new certificate will be have to be issued if you interrupt your studies for more than six months.
Loan agreement
Along with your certificate, you must also submit your Loan Agreement to your financial institution. This document sets out the terms and conditions governing your student loan. A Loan Agreement
(
17 ko) is a contract between you and your financial institution.
Certain institutions, such as the National Bank of Canada, use their own Loan Agreement ( 35 ko).
