You will have an overaward if you get more financial assistance than you are eligible for.
How to Deal With an Overaward
Overawards are automatically deducted from any future student loans unless:
- An overaward is repaid in full,
- Or an overaward appeal is approved for eligibility for further funding.
- The deadline is 90 days after the date of the letter from StudentAid BC informing you of the overaward amounts you must repay.
- The approval does not change your obligation to repay the overawards, nor does it revise your term end date.