Vancouver Community College (VCC; the College) provides a variety of Financial Aid instruments in the form of student loans, grants, bursaries and scholarships designed to assist students with paying tuition and associated costs of attending the College. The Financial Aid office, under the administrative direction of the College Registrar, administers these programs on behalf of the College.

Student Financial Aid will be administered in a fashion that provides the maximum benefit to the greatest number of students to assist the institution in reaching their strategic enrolment goals. Through the granting of financial aid, students will potentially receive support facilitating their enrolment at the College. The policy articulates the Financial Aid office responsibilities and authority related to financial aid matters and provides an operational framework. The desired outcome is that financial aid is administered in a clear, consistent, efficient and transparent fashion to support overall institutional enrolment objectives.

This policy applies to all student financial aid/assistance offered and administered on behalf of the College.

1. The College’s student financial aid policy will be based on the general principles of equity, fairness, consistency, defensibility and transparency.
2. The Financial Aid office has institutional responsibility and authority related to the administrative oversight of all aid programs as well as a significant reporting responsibility directly to the Ministry of Post-Secondary Education and Future Skills.  
3. Financial Aid procedures will:
   1. meet the diverse financial needs of students in an equitable way,
   2. use its mandated discretion to maximize institutional enrolment, and
   3. fully comply with StudentAid BC policy standards and requirements. 
4. Financial Aid will operate in a fashion that maximizes organizational efficiency and effectiveness while maintaining best practice standards of student service and strategic enrolment management principles. 
5. The Financial Aid office is committed to sharing information related to aid programs and their procedures with various departments throughout the College.  The office may also consult and seek input from relevant parties throughout the College as required.
6. The Financial Aid office will ensure that processes and procedures are developed, implemented, maintained, reviewed, revised and monitored to ensure consistency with the principles associated with strategic enrolment management best practice.

• College and Institute Act, RSBC 1996, c 52