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Government financial assistance

The Government of Quebec’s Student Aid (AFE) programs are intended for Canadian citizens, permanent residents or refugees who are residents of Quebec. All the relevant information is available on their website.

Reading the Student Financial Assistance brochure may be helpful in understanding the different aspects of the Loans and Bursaries Program.

Loans and Bursaries Program

You are a full-time student or you are deemed to pursue full-time studies:

Loan Program for Part-time Studies

You are a part-time student and are enrolled in at least 6 credits:

Useful information

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Institutional code and program code

The HEC Montréal institutional code is 976001. See the following list for the program code to enter in your application.

BAA

Short graduate programs (Master’s level)

Propaedeutic courses

15000

Certificates

Short undergraduate program

15016
DESS 15017

MMIAM

15004

LLM

15012

MCE

15014

MMEC

15015

MBA 15115
Master of Science (MSc) in Management 15117
PhD 15117

BBA preparatory year

Independent study

09999

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Status

Full-time student

You must be enrolled in courses worth at least 12 credits per session, including the summer session, to be considered a full-time undergraduate student (preparatory, BBA, certificates and independent study).

For Master’s-level studies, your status depends on the threshold set by the registrar for your program. Generally speaking, full-time students are enrolled in courses worth 9 credits per session (6 credits in the summer session). However, there are many exceptions, such as the DESS where you must be enrolled in courses worth 12 credits per session (6 credits in the summer) to be considered full-time, so we suggest that you ask the advisor for your program about the number of credits you must be enrolled in to be considered a full-time student.

For programs with a thesis or dissertation (MSc and PhD), there are no minimum credits required. You must be registered as a full-time student with the Registrar's Office.

Deemed full-time student

You may study part-time and still be deemed a full-time student for purposes of Student Financial Assistance if you meet any of these criteria. If so, you must be enrolled in courses worth at least 6 credits per session.

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Withdrawal

Withdrawing from one or more courses may have a negative impact on the calculation of your financial assistance.

Withdrawal with refund (or cancellation)

If you are no longer enrolled in the minimum number of credits to be considered a full-time student (or deemed full-time), you will not be eligible for financial assistance.

Partial withdrawal

If you withdraw from one or more courses, but remain in at least one course, a penalty of $100/month will be applied in calculating your financial assistance as of the month after your withdrawal.

Full withdrawal with return to studies

If you withdraw from all your courses, a penalty of $200/month will be applied in calculating your financial assistance as of the month after your withdrawal, provided that you return to your studies in the following session.

Full withdrawal with no return to studies

You will no longer be eligible for financial assistance as of the month following your withdrawal.

How to submit your application for financial assistance

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Apply online

You should also watch the AFE videos!

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New student in Quebec

You have not yet been assigned a permanent code by the Ministry of Education, so you must submit a paper version of your application for financial assistance.

Once you have filled out your form, please feel free to consult us to ensure that everything is complete before sending it. This will prevent errors that could delay your payments.

Other provinces

If you are a resident of another province or territory, you may be eligible for financial assistance in your province or territory of residence. Consult your Provincial and territorial student financial assistance offices for details on eligibility, deadlines and procedures for submitting your application for financial assistance.

Contact us

Walk-in service

Monday to Thursday

10:00 a.m. to 12:00 p.m. and 1:00 p.m. to 4:30 p.m.

Please note that our offices will be closed on Friday until August 10th.

5.120 Decelles building

514-340-6165

sae.afe@hec.ca


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