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  1. Repay your federal loan through the NSLSC. Make payments on the provincial loan through your province. Quebec, Nunavut or the Northwest Territories. Make loan payments directly to your province or territory. Contact your province or territory to arrange payments or for information on your loan. Delay repayment. You may be able to delay ...

  2. Protect yourself from potential scams or fraudulent activities. Note that we will never ask for payments via credit cards, gift cards, or cryptocurrency, initiate contact with you offering to pay off/forgive your loan or threaten you with arrests. If you suspect a potential student loan scam, report it here.

  3. Let another person manage your student loan. You can give another person power of attorney to take care of your student loan dealings with us. Power of Attorney form (PDF, 69 KB) Fill out the form and send it to: National Student Loans Service Centre (NSLSC) P.O. Box 4030 Mississauga ON L5A 4M4. Reservists in the Canadian Forces

  4. Increase or decrease your monthly payment. If you have a full-time student loan, you can customize your payments online in your NSLSC account. You can: increase your payments to reduce the time it takes to pay back your loan; lower your payments to make them more affordable, or; extend your repayment time up to 174 months to make your payments ...

  5. If your student loan was deposited directly into your bank account, you are automatically set up for Pre-Authorized Debit. This sample of a void cheque will help you complete your bank account information. Set Up Pre-Authorized Debit. Log in to set up Pre-Authorized Debit. Make a Payment Online. Making payments on your student loan is now ...

  6. pay any accumulated interest as a lump sum prior to making your regular payments; or; add the interest amount (if any) to your loan balance (Note: this will increase the amount of interest you will pay overall on your loan). At the end of the six-month non-repayment period, you will be required to start making regular loan payments.

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  8. Sep 12, 2019 · “Rather than completely paying off my student loans and starting over at zero, I paid off some of the debt and used the remainder for a down payment on a new house,” Engen recalled in a blog post.

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