Student Status

In Study

While you’re still in school, your loan is in interest-free status and no payments are required. It’s important to confirm your enrolment every semester that you are in study.

Non Repayment (Grace Period)

The non-repayment period is the six-month period after your current school period ends. During this period, you are not required to make payments. However, interest will begin to accrue on the provincial component of your loan.

See section on grace period to learn more.

Repayment

Repayment begins at the end of the six-month non-repayment period. This is when you start making regular loan payments.