2021-22 Academic Year Award Schedules
Undergraduate Award Schedules
For students who are dependent on their parents, or who qualify as an orphan, foster child or ward of the court, or who are financially independent and are married and have tax dependents, or who are financially independent, are single and have tax dependents:
| At Degree-Granting Institutions or Not-For-Profit Registered Business Schools | |
|---|---|
| Schedule B - Applicable to students who receive an award in the 2021-22 school year and thereafter. | |
MAXIMUM AWARD$5,665 or tuition whichever is less ($4,500 or tuition, whichever is less, at certain schools only offering programs of 2 years or less in duration.)Note: Annual award is reduced by $100 after 4 payments. |
|
MINIMUM AWARD$500 |
|
| NTB | REDUCTION |
| $7,000 or less | 0 |
| 7,001 - 11,000 | 7% of excess over $7,000 |
| 11,001 - 18,000 | $280 + 10% of excess over $11,000 |
| 18,001 - 80,000 | $980 + 12% of excess over $18,000 |
| 80,001 or more | NO AWARD |
For students who are independent and are married with no tax dependents:
| At Degree-Granting Institutions or Not-For-Profit Registered Business Schools | |
|---|---|
| Schedule N - Applicable to students who receive an award in the 2021-22 school year and thereafter. | |
MAXIMUM AWARD$3,525 or tuition, whichever is less Note: Annual award is reduced by $100 after 4 payments. |
|
MINIMUM AWARD$500 |
|
NTB |
REDUCTION |
| $7,000 or less | 0 |
| 7,001 - 11,000 | 7% of excess over $7,000 |
| 11,001 - 18,000 | $280 + 10% of excess over $11,000 |
| 18,001 - 39,999 | $980 + 12% of excess over $18,000 |
| 40,000 or more | NO AWARD |
For students who are independent and single without dependents:
| At Degree-Granting Institutions or Not-For-Profit Registered Business Schools | |
|---|---|
| Schedule J - Applicable to students who receive an award in the 2021-22 school year and thereafter. | |
MAXIMUM AWARD$3,525 or tuition whichever is lessNote: Annual award is reduced by $100 after 4 payments. |
|
MINIMUM AWARD$500 |
|
NTB |
REDUCTION |
| $ 3,000 or less | 0 |
| 3,001 - 10,000 | 31% of excess over $ 3,000 |
| 10,001 or more | NO AWARD |
For students who are financially independent and are married and have no tax dependents:
| At Non-Degree Institutions and For-Profit Registered Business Schools | |
|---|---|
| Schedule I - Applicable to students who receive an award in the 2021-22 school year and thereafter. | |
MAXIMUM AWARD$1,300 or tuition whichever is lessNote: Annual award is reduced by $100 after 4 payments. |
|
MINIMUM AWARD$100 |
|
NTB |
REDUCTION |
| $7,000 or less | 0 |
| 7,001 - 11,000 | 7% of excess over $ 7,000 |
| 11,001 - 50,500 | $280 + 10% of excess over $11,000 |
| 50,501 or more | NO AWARD |
For students who are financially independent and are single and have no tax dependents:
|
At Non-Degree Institutions and For Profit Registered Business Schools
| |
|---|---|
| Schedule O - Applicable to students who receive an award in the 2021-22 school year and thereafter. | |
MAXIMUM AWARD$1,140 or tuition whichever is lessNote: Annual award is reduced by $100 after 4 payments. |
|
MINIMUM AWARD$100 |
|
NTB |
REDUCTION |
| $3,000 or less | 0 |
| 3,001 - 10,000 | 31% of excess over $3,000 |
| 10,001 or more | NO AWARD |