Print Version: Determining 65% equivalency and when students should be upgraded to 100% funding ![]()
Date Approved: June 28, 2007
LEGAL REFERENCE:
Section 8(3) of the Students Financial Assistance Act ![]()
POLICY:
The Act requires that students maintain a minimum of a 65% average to remain eligible for the full grant. Failure to do so reduces their entitlement to 60% of the full entitlement until they attain 65% averages in subsequent semesters, quarters or years.
The grading systems of individual institutions varies greatly and generally follow a grade point system (4.0, 9.0, etc.) rather than a percentage system. Different bench marks are used by institutions to determine a 65% average.
When students once again attain a 65% average, Officers are able to increase the amount of grant from 60% to 100% of allowable funding.
GUIDELINES:
Interpretation of Grading Systems
Upgrade to 100% Funding Entitlement
Where an Officer has approved an application of a student who is eligible for 60% of the full funding entitlement, the Officer will advise the student that once he/she once again obtains a 65% average, he/she will be entitled to receive 100% of future disbursements of the approved application.
The student must submit his/her most recent official transcript for a quarter or semester prior to the completion of any subsequent quarter or semester. For example, a student who has received 60% of funding entitlement for the September to December semester must submit an official transcript prior to the completion of their January to April semester in order to be considered.
Upon receipt of the most recent full-time post secondary official transcript for a quarter, semester, or academic year that confirms the student has attained a 65% average, the officer will adjust that student’s funding entitlement to 100%.
APPEALS:
The Students Financial Assistance Committee will hear all appeals that do not conform with this policy.
Director
Policy, Planning & Evaluation
Department of Education
Box 2703
Whitehorse, Yukon
Canada Y1A 2C6
Tel: (867) 667-8181
Toll Free (in Yukon): 1-800-661-0408, local 8181
Fax: (867) 456-6788
contact.education@gov.yk.ca