Education

Education

Yukon Grant

How Do I Qualify For A Grant?

You may be eligible for the Yukon Grant in one of three categories, as:

A dependent student: if you are less than 19 years of age on the day your post-secondary classes start, and at least one of your parents has resided in the Yukon continuously for a period of 2 years immediately preceding the start of your post-secondary classes; or you are 19 years of age and have resided in the Yukon continuously during the immediately preceding period of 1 year and have previously received Yukon Grant financial assistance as a dependent student.

An independent student: completed 2 years of secondary education in the Yukon school system (Grades 8-12:  this can also include Yukon Department of Education registered home schooling) or have previously received financial assistance as a dependent student defined above and have resided in the Yukon continuously for a period of 2 years immediately preceding the start of post-secondary classes.  A person can qualify as an independent student no matter what his or her age is at the time of application.

A new resident student: if you are less than 19 years of age on the day your post-secondary classes start, you and at least one of your parents have taken up residence in the Yukon, and you are a dependant of that parent at that time. You must have completed 1 year of secondary education in the Yukon school system (Grades 8-12:  this can also include Yukon Department of Education registered home schooling) and start your post-secondary studies before you reach 19 years of age. Your parent(s) must reside in the Yukon Territory while you are attending post-secondary studies, and you must complete your post-secondary education before you reach the age of 24.

Students may interrupt their studies and be absent from the Yukon for a period of time not exceeding one academic year.

Am I eligible? The following conditions apply: 

  • You must apply each year;
  • You must be taking post-secondary level studies;
  • You must be attending full-time, as defined by the institution;
  • Your program must be at least 12 weeks long;
  • You must be attending an approved institution;
  • You must meet residency requirements;
  • You cannot receive Yukon Grant if you are receiving funds from another Territorial or Federal agency for educational studies other than special scholarships, awards or loans.

Where can I get a Yukon Grant application?

Dependent category applicants require a Schedule A  in addition to the SFA application form. 

Forms are available from our office or printed from here: 2011-2012 Student Financial Assistance Application for Full-time Study  or a student can apply online, accessed through the website.

What must accompany my Yukon Grant application?

First year applicant:

In addition to your completed and signed application,

  • Your letter of acceptance from the educational institution you will attend
  • High school transcript/permanent record card - Request from your High school

Second year or subsequent year applicant:
In addition to your completed and signed application:

  • Your most recent full-time official transcript (with official seal and signature)obtained from the institution you last attended.

Note:  We recommend that you request your official transcript before you leave the institution each spring to avoid delays.  There is usually a fee for issuing official transcripts.

  • Transferring to another institution - your letter of acceptance from your new institution.

Online applications:Complete online and submit separately your letter of acceptance if required (see above), official transcripts and signed Student Declaration.*Remember to print this page at the end of the online process.

Is there a deadline date for applications?

Six weeks after the start date of your classes your completed application must be received in our office.

How do I find out if my Yukon grant is approved?

Once your application has been approved, a letter will be sent to you and your institution indicating the amount you will be receiving.

How much will I receive?

Keeping in mind that institutions have different academic years, following are examples of the amount you may receive:

 

Tuition Fees        

Books/Supplies  

Living Expenses  

Total 
Quarter (three months)  $350  $106  $701 $1,157 
Semester (four months)  $525  $162 $1,049 $1736
Travel Outside Yukon     $1,800
One School Year, September to April, includes travel outside Yukon        $5,272 
                                                                                                                  

First year applicants receive 100% of the Yukon Grant.  You must maintain a 65% average to receive the full amount in the following year(s). If you obtain an average below 65% you will receive 60% of the Yukon Grant, until such time as your average is 65% or better.

If you are attending an institution outside the Yukon you may receive a travel subsidy. In order to receive subsequent travel subsidies you must have returned to the Yukon since your last subsidy and prior to a new academic year.  If you are attending a program within Yukon, not available in your home community, you may receive a travel subsidy.  Note:  Travel subsidies are paid one per calendar year.

When Will I Get My Money?

All applications are assessed on a first-come, first serve basis, so the earlier you get your application in, the earlier your money will reach the institution. Yukon Grants are disbursed by semester or quarter. For example, if you are attending 2 semesters, your first cheque would arrive in September and the following disbursement will be sent in January.

Where Is My Money Sent?

The money is sent in your name care of the financial aid office of the institution you are attending.  Once the institution ensures you are registered full-time, they will give you the cheque. However, if you owe money for fees, room and board, etc., the institution may ask you to sign it over to them.

How Many Years Can I Receive This Grant?

A student may receive assistance for the Yukon Grant and Student Training Allowance combined for up to a maximum of five years.

Do I Pay Income Tax On the Grant?

You will be issued a T4A for your Yukon Grant.  Each year Canada revenue Agency issues "Pamphlet 105 Students and Income Tax" outlining entitlements and obligations under the Act.  It is the student's  responsibility to determine the taxability of amounts received and to assess the facts of their situation.  Please visit the section for students on Canada Revenue Agency's web site:

http://www.cra-arc.gc.ca/.

Does The Grant Have To Be Paid Back?

If you withdraw from studies or change from full-time to part-time status, you will be required to pay back all or part of the Yukon Grant.

 

    Contact - SFA

    Student Financial Assistance
    Advanced Education
    Department of Education
    Government of Yukon
    Box 2703
    Whitehorse, Yukon
    Canada Y1A 2C6

    Phone: (867) 667-5929
    Toll free (In Yukon): 1-800-661-0408, local 5929
    Fax: (867) 667-8555

    sfa@gov.yk.ca