Seeking to take emotion out of investing, stock analysts have invented many systems of technical analysis. Technical analysts look only at numbers.

Most believe a thorough study of stock price and volume patterns alone should allow the prediction of future prices. Some technical analysts study more factors than price and volume. All build elaborate charts and read them for clues to the future. Often, extensive computer modeling and game playing systems are employed. Economic factors, stockbroker pressure, the brother-in-law’s inside information, the CEO’s cold, and other factors are ignored.

Technical analysis is great for number people. You can play with endless formulas to analyze past trends hoping to predict the future. However, technical analysis is best employed on other people’s money. Then you can remain objective and emotionless. All the studies of technical analysis show that it is ineffective. Used on your own money, you are likely to have strong feelings as losses mount.

You must immediately notify your school’s financial aid office if you:
- Reduce your enrollment status to less than half-time.
- Withdraw from school.
- Stop attending classes.
- Fail to re-enroll at the end of a term.
- Change your name, local or permanent address, or e-mail address while enrolled.

You must make on-time, monthly loan payments. You must repay the total amount of your loan, including any interest that accrues, even if you:
- Don’t complete your education.
- Are dissatisfied with your education.
- Don’t find a job in your field.

You must notify your loan holder if you:
- Change your address, telephone number or e-mail address.
- Change your name (for example, maiden name to married name).
- Fail to enroll at least half-time for the loan period certified or at the school that certified your Master Promissory Note.
- Withdraw from school or attend school less than half-time.
- Transfer to another school.
- Graduate.
- Change employers, employment address or employment status.
- Experience any change that affects your ability to repay your student loan.

If you qualify for a Canada Student Loan, you (or the school you plan to attend) will receive a letter of assessment, a Certificate of Eligibility (Schedule1A), an instruction sheet, and a loan agreement within four to six weeks of your application.

Complete your loan documents and have your post-secondary institution complete the Confirmation of Enrolment section of your Certificate of Eligibility. (Note: in some cases, enrolment may have already been confirmed electronically — contact the financial assistance office at your post-secondary institution for more information.)

Submit your completed loan documents in person to a designated Canada Post outlet within 30 days of the day your school signed your Certificate of Eligibility.

If you provide a void cheque, your funds will be deposited directly into your bank account within a week of the NSLSC receiving your properly completed loan documents or within a week of the disbursement date
on your Certificate of Eligibility, whichever is later. Allow an additional week to receive your funds if a cheque is being mailed to you.

Important Deadlines

Since final deadlines can vary among provinces and territories, check with your provincial or territorial Student Financial Assistance Office for deadline information.

You can pick up a loan application from your educational institution or your provincial or territorial Student Financial Assistance Office – some provinces and territories offer on-line applications. After you (and your school) have completed and signed all the necessary documents, forward your loan application to your provincial or territorial Student Financial Assistance Office for assessment. To avoid any delays in the assessment of your application or the disbursement of your funds, make sure all required documentation is included with your application. If you have any questions about the loan application, contact your Student Financial Assistance Office.

Your provincial or territorial Student Financial Assistance Office assesses your complete loan application, confirms your eligibility, assesses your financial need, and determines the amount of federal and provincial loans and grants you will receive.

The National Student Loans Service Centre (NSLSC) will look after everything you might need from the Canada Student Loans Program once your loan application has been processed and you have received a loan document.
The NSLSC is divided into two divisions:
1. Public Institutions Division to assist students attending public universities and community colleges; and
2. Private Institutions Division to assist students attending trade schools, private vocational schools or career colleges.