STU-0620 Financial Aid and Awards: Processing
Description |
These records support the distribution of funds as part of scholarships, bursaries or awards. Includes declarations, appeal letters, cheque copies and other supporting documentation. |
Retention Trigger |
End of fiscal year |
Retention |
Trigger + 7 years |
Responsible Unit(s) |
Office of the Registrar |
Source |
|
Records System |
Paper |
Citations |
Income Tax Act, R.S.C. 1985, c.1 (5th Supp.) s.230 (4)(b) |
Record Authority |
Registrar |
Disposition |
Secure Destruction |
Records Arising from Activity |
|
Retention Rationale |
The Income Tax Act requires that books and records be kept until the expiration of six years from the end of the last taxation year. |
Personal Information |
Yes |
Vital Record |
Yes |
Protection |
Medium |