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Will you be audited?
Student Financial Services randomly selects files for auditing purposes. Be prepared to verify all information provided on your application form and other supporting documents.
If your file is selected for audit you will receive a letter requesting information such as your most recent Income Tax and Benefits Return and proof of your course load the previous year.
If you do not report income received during an academic year, you may be required to repay some or all of the financial assistance you received that year.
Failure to comply with an audit request within the specified time will mean your financial assistance will be cancelled and all further assistance denied. This will include your eligibility for the Prince Edward Island Debt Reduction Grant and Interest Relief.
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