Nov 21, 2024  
2023-2024 Academic Calendar 
    
2023-2024 Academic Calendar [ARCHIVED CATALOG]

Financial Information-Domestic & International


Program Costs
Other Fees
Refunds
T2202 Tuition and Enrolment Certificate
Financial Aid
Student Loans and Grants
Sponsorships
Financial Awards


Program Costs 

Total costs vary depending on the program you are taking. Each program has a breakdown of the individual fees that make up your total costs for domestic and international students. Depending on your program, you may be required to provide a tuition deposit. Tuition deposits are non-refundable and non-transferable payments that are applied to tuition.  To learn more about the bylaws and policies governing course costs for domestic and international fees, visit the Board of Governor’s Bylaws and NIC’s Policies and Procedures.

Other Fees

Application Fee: $25, non-refundable; $100 international applicants

Assessment for Math or English Placements: $20 NIC applicant, on-campus;  $20 NIC applicant off-campus;  $45 non-applicant

Duplicate Documentation: $25

Exam lnvigilation in scheduled group sessions: $45+tax 

Keyboard Assessment: $20 NIC applicant; $45+tax non-applicant

Letter of Permission: $5

Prior Learning Assessment: 75% of the tuition for the course, additional advising fees may apply

Official Transcripts: $10 + GST per request 

Transfer Credit Evaluations: No charge for BC post-secondary transcript;  $20 per out-of-province transcript;  $75 for international transcripts

Refunds

Tuition refund policies vary based on the category of your course or program and apply to domestic applicants. Refer to your program page to learn your category.

Please note, tuition deposits and some fees are non-refundable and refunds may take up to three weeks to process.

If you are unsure of whether you’re eligible for a refund, contact Student Services.

Category 1

Refunds are available for courses/programs dropped before the add/drop deadline, as outlined in NIC’s academic deadlines Academic Key Dates & Deadlines  .

Category 2

Refunds are available between the time of registration and seven calendar days before the start date.

Category 3

Refunds are available after the time of registration and up to 14 calendar days before the start date of the course or program. Applicants will receive a refund minus their tuition deposit.

Category 4

Refunds are available after the time of registration and up to 28 calendar days before the start date. Applicants will receive a refund minus the tuition deposit.

For more information on refund policies, visit Policies and Procedures, Policy 4-04.

T2202 - Tuition and Enrolment Certificate

What is a T2202?

The Tuition and Enrolment Certificate (T2202) is an official tax receipt. It is issued to all students who have incurred tuition and fees for qualifying courses that are eligible to claim on the income tax return.

How do I get my T2202?

The Tuition and Enrolment Certificate (T2202) is available by logging into your myNIC account and selecting Financial Information found under the Student Self-Service menu. Each tax year, the new slip is available before the end of February deadline.

Where can I enter my SIN for use on the T2202?

All NIC students can use the online Social Insurance Number (SIN) Submission page to enter your SIN. Please access this page by logging in with your myNIC credentials to this link. 

Where can I find more information about the SIN?

Information about the Social Insurance Number can be found on the Government of Canada site at this link. Social Insurance Overview

I am an International student; am I required to provide a SIN? Do I need a 12202?

If you have earned income in Canada and are filing a Canadian tax return, you are required to provide NIC your SIN. For the 2019 tax year, NIC is required to provide the Canada Revenue Agency (CRA) with each student’s SIN on the T2202. The T2202 tax receipt will allow you to use tuition paid as a tax deduction on your income tax return.

Financial Aid 

As an NIC student, you may be eligible to receive financial assistance from loans, grants, bursaries, or scholarships. NIC’s financial aid advisors can help you with loan forms and financial aid applications. They can also work with you to explore all your funding options, from bank and government student loans to scholarships, study grants, and bursaries. Speak with a financial aid advisor for options and sources of funding that may be available to you.

Student Loans and Grants

If you have been approved for full-time government student loan/grant funding, you will be responsible to pay your fees upon receiving your funds.If you have been approved for part-time government student loan/ grant funding, your tuition will be paid directly to the College. If funds that you are receiving are less than the required tuition amount, you are required to pay the outstanding amount by the fee deadline date. How to apply Students must apply online at www.studentaidbc.ca  Consult a Financial Aid Advisor if you have questions. 

Sponsorships

If you have been approved for sponsorship by an external agency, it is your responsibility to ensure that the College has received the sponsorship approval. If the sponsorship you are receiving is less than the required tuition amount, you will need to pay the outstanding amount by the fee deadline date. For faster application processing, students should submit their applications at least six weeks prior to the start of classes in order to ensure timely processing.

Contact Us

You can contact us by phone at 1-800-715-0914 or you can email a financial aid advisor at your campus:

• Campbell River Campus Brooke McIntosh - brooke.mcintosh@nic.bc.ca

• Comox Valley Campus Mike Hillian - mike.hillian@nic.bc.ca

• Port Alberni Campus Jana Devito - jana.devito@nic.bc.ca

• Mixalakwila Regional Campus - TBA

Financial Awards 

Scholarships and Bursaries

Through the generosity of donors who contribute to the North Island College Foundation scholarship and bursary program, the Foundation awards more than $375,000 per year to students requiring financial assistance as well as recognizes students who have achieved academic excellence. Each year, the NIC Foundation publishes a complete listing of North Island College Foundation scholarships and bursaries. View all Scholarships and Bursaries online or visit Student Services at any NIC campus to pick up a booklet.