Undergraduate Financial Need Assessment Form (NAF) Out-of-Province Loan Student: Summer

Undergraduate Student Out-of-Province Financial Need Assessment Form (NAF): Summer 2022

This form is used by students applying for any financial need-based assistance from the University of Guelph who are receiving out-of-province student loan funding.

One NAF is submitted per study period (one fall/winter and one for summer) and may be used for multiple financial aid programs.

Name:

Student ID Number:

Marital Status

Single

Sole Support Parent: Indicate the number of dependent children you have:

Married/Common Law:

Partner's status:

employed not employed full-time student: name of institution:

I am applying for:

Deadline date to apply: (NOTE if the deadline falls on a weekend or holiday, the form will be accepted the next business day.)

Bursary/Need-based scholarships

(Decisions are emailed within 5-10 business days)

July 8

Work Study

(Decisions are emailed within 5-10 business days)

June 17

Need-based travel grant

(Must also submit a travel grant application)

See Need-Based Travel Grant Application for deadline date

Loan Information / Registration

Indicate the Province/Territory that you are receiving your student loans:

*Attach statement of your loan assessment summary that indicates total funding you are receiving for this study period.

Indicate the ONE best situation regarding your registration plans for the Summer Semester. Do not include work-term credits in your calculations.

I am registering for at least 1.5 academic credits in the Summer semester.
I am registering for 1.0 academic credits, and I am a student with a permanent disability approved on my OOP Funding profile.

Parental Information

I have been out of high school for more than 4 years:

Yes No

If you selected no, you are considered a dependent student and you must provide the following information:

Parents' marital status:

Married/Common-Law Single/separated/divorced/widowed

What year did you complete full-time high school studies? Please enter the month/year:

Number of dependent children in your family including the student applicant:

Number of dependent children enrolled in full-time post secondary institution including student applicant:

FOR OFFICE USE ONLY:

OOP verified:

DATE:

INITIAL:

BURSARY

WORK STUDY

COMMENTS:

Initial & Date

Approve

Deny

Initial & Date

Approve

Deny

AMT:

AIDE:

CMC:

EMERG CHQ REQ'D:

Information Required

Were you registered as a full-time student during your pre-study period? Yes No

Student bank loan/Personal Line of Credit (available balance only)

A) Income / Resources

Complete for 4 months (May to August study period)

Bank balance before paying tuition/expenses at the start of this study period

Parental or spousal financial contribution

Married/Common Law students: You must attach a copy of your spouse's 2020 Notice of Assessment

Dependent students: You must attach a copy of your parents' 2020 Notice of Assessment

Total Out-of-Province Loan Assistance (Attach proof of funding assessment)

Scholarships or Bursaries you will receive during this study period

Employment income during study period

Government income/Sponsorship funding (including Child Tax Benefit payments if applicable)
Specify type/source:

Investments and savings (e.g., GICs, mutual funds, bonds, TFSA, RESPs, etc.)

Total RRSPs (Registered Retirement Savings Plan)

Any other income you will be receiving that is not listed above (e.g., gifts, etc.)

TOTAL Financial Resources (Report on Line 1 below)

B) Expenses

Choose the option that matches your marital status and academic plans for the current academic term.

I will register in at least 2.0 credits

Single live away from home (Claim $10,460)
Single live at home with parents (Claim $7,030)
Married/Common Law student (Claim $15,820)
Sole Support Student (Claim $12,195)

I will register in 1.5 – 1.75 credits

Single live away from home (Claim $9,200)
Single live at home with parents (Claim $5,270)
Married/Common Law Student (Claim $14,060)
Sole Support Student (Claim $10,435)

Other expenses:

Specify and attach receipts if applicable (i.e., child care, prescriptions not covered by insurance, etc.). Note: You may include travel costs if you are participating in a University of Guelph approved travel program (if you claim this, your application must be accompanied by a Travel Grant Application for consideration of a bursary and travel award).

To be completed by Married/Common Law student with children OR Student who is a Sole Support Parent

For dependent children, claim an additional $2,610 per registered semester per child

# dependent children: x $2,610 = Claim this amount:

TOTAL Expenses (Report on Line 2 below)

C) Financial Need

Line 1 (from Section A: Resources)

Line 2 (from Section B: Expenses)

FINANCIAL NEED: Line 1 minus Line 2 (If a positive number, you have no need)

Consent to Release Information:

If you are selected for an award from the University of Guelph where one of the criteria is financial need, could we provide the donor of the award your name and program information? This decision will not affect your eligibility for award consideration.

Yes No

I certify that the information contained in this application is complete and true. I agree to provide Student Financial Services with any documentation necessary to verify the above noted information. I understand that failure to provide such documentation may affect current or future eligibility for the bursary program. I further understand that should my eligibility for the bursary program be terminated, I may be required to refund any monies I have received from the University under the bursary program.

Signature:

Date:

Completed forms should be scanned and emailed from your University email account to awards@uoguelph.ca.