Repay a student loan - How to start

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Repaying after leaving school

After finishing school, there is a 6-month non-repayment period. No interest accrues on your loan during this time. When this period is over you have to start making payments on your Canada Student Loan.

Contact your province or territory for information on interest charges to that part of your loan.

The 6-month non-repayment period starts after you:

  • finish your final school term
  • reduce from full-time to part-time studies
  • leave school or take time off school

Within 6-months of finishing school, you will receive a package detailing your payment terms and repayment options.

Paying before the 6-month period ends

Payments made in the first 6-months after you finish school will go directly to the principal of the loan. You do not pay interest during this period. If you pay off your loan, you will not pay any interest.

Learn more about how to make a payment.

Provincial or territorial payments

British Columbia, New Brunswick, Newfoundland and Labrador, Ontario, Saskatchewan, and the Yukon

Repay your student loan through the National Student Loan Service Centre (NSLSC).

Alberta, Manitoba, Nova Scotia and Prince Edward Island

Provincial and federal loans are repaid separately.

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 repayment and keep your loan interest free if you are:

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