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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

  • Declarations
  • Appeal letters
  • Supporting documentation
  • Cheque copies

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