The University of British Columbia

Savings and Assets

Personal savings and many assets, including the value of investments and automobiles, are considered a student’s first resources.  These resources are considered as factors in student loan needs-assessment and with respect to eligibility for bursaries.

For some students, spousal or parental income/assets factor into the assessments.  Income from scholarships is also included.  Some assets, such as registered retirement savings plans, may be exempt from the needs assessment.

Be aware that if you decide not to utilize your personal resources, unused savings and assets will factor into future loan assessments — meaning these resources may be counted more than once.