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What is the Master Student Financial Assistance Agreement (MSFAA), and what do I do with it? | OSAP

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OSAP  Discussions
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Posted in: Full‐time application process

What is the Master Student Financial Assistance Agreement (MSFAA), and what do I do with it?

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  • gerald.encabo
    Gerald Encabo
    2/23/2022

    What is the Master Student Financial Assistance Agreement (MSFAA), and what do I do with it?

  • gerald.encabo
    Gerald Encabo
    2/23/2022
    Answered

    The MSFAA is a document that allows OSAP funding to be directly deposited into your personal banking account. It must be processed as the agreement contains the terms and conditions you need to agree to in order to receive and repay their OSAP loan.

    You must complete the following steps to process your MSFAA:

    1. Wait for an email from National Student Loan Service Centre (NSLSC) to register for your online account and complete your MSFAA online. The email will include all the necessary information and instructions.
    2. If you do not receive an email from NSLSC within three business days from when you applied to OSAP, log into your OSAP application and complete your MSFAA through the link provided.
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