Search results
Repaying after leaving school. After finishing school, there is a 6-month non-repayment period. When this period is over, you have to start making payments on your Loan. For information on repayment, review the terms and conditions of your loan or contact the NSLSC. The 6-month non-repayment period starts after you: finish your final school term.
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.
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 smaller.
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.
Pre-Authorized Debit. This is the easiest way to ensure your payments are made consistently and on time. 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. Log in to set up Pre-Authorized Debit.
Qualifying family doctors could receive up to $60,000 in Canada Student Loan forgiveness over a maximum of five years, starting at $8,000 in the first year, and an extra $2,000 will be compounded for each subsequent year. Qualifying nurses could receive up to $30,000 over a maximum of five years, starting at $4,000 in the first year and an ...
People also ask
Do I have to pay back my student loans?
How do I pay back my student loans?
Can you pay living expenses with student loans?
For student loans received after August 1, 2000. If you received loans after August 1, 2000 they are a joint federal-provincial student loan (Canada-B.C. integrated student loan). You will repay your student loans through the National Student Loans Service Centre (NSLSC). Around 45 days before you enter repayment, the NSLSC will send you a ...
