Repayment Assistance Plan

If you are at the end of your studies and you do not have enough money to pay off your loans or do not want to extend your degree/continue your education, there may still be a way to avoid interest. The government can cover some or all interest charges depending on household size and gross income. Disabilities and special cases are taken into consideration during this eligibility assessment. To learn more click here (opens new window).

Monthly Gross Family Income Thresholds for Zero Payment Under RAP by Family Size

Family Size	Income Threshold
1	$2,083
2	$3,254
3	$4,205
4	$4,959
5+	$5,652

Note: Household income includes the loan holder's income and a spouse's income (if applicable). It does not include the loan holder's parents' or siblings' income. Family size includes the loan holder, spouse and dependants (children under 21) living at the same address. The definition of "income" can be found here (opens new window). (check "Income")

Check out the repayment assistance estimator (opens new window) to get an idea of how much you may be able to get.