Repay a student loan - Make additional payments

COVID-19

Due to the coronavirus disease (COVID-19) outbreak, there are changes to this program.

Changes to support you during COVID-19

As of April 1, 2021, no interest will be charged on Canada Student Loans and Canada Apprentice Loans. This measure is temporary. For more information, please see the proposed changes in this year’s budget announcement.

Provincial interest rates may still apply. Contact the NSLSC or your province or territory to find out more.

Sections on this page impacted by these temporary changes are flagged as Temporary COVID-19 relief.

Making additional payments

Additional payments you make while in school or during the 6 month non-repayment period are applied directly to the principal of your loan. The additional payments you make during your repayment period are applied to the interest first, then to the principal of your loan. You can make additional payments at any time to pay off or reduce your total balance but you still have to make your regular monthly payments.Temporary COVID-19 relief

How to make an additional payment

NSLSC Account

You can make a payment in between regularly scheduled payments from the National Student Loans Service Centre (NSLSC) website.

Log in to your NSLSC secure account to:

  • add or update your banking information, and
  • make an additional payment using your banking information

Online banking

  • Add the National Student Loans Service Centre as a payee through your online banking site
  • Use your loan number as your 7-digit account number

By mail

Have the NSLSC withdraw an additional payment from the bank account on your file or listed on the form:

Fill out the form and mail it to:

National Student Loan Service Centre
P.O. Box 4030
Mississauga ON  L5A 4M4

Online payments with HigherEdPoints.com

If you have an account with HigherEdPoints.com, you can use it to make an additional payment.

Note: This link is to a web site not under the control of Employment and Social Development Canada (ESDC). ESDC is not responsible for the accuracy, currency or the reliability of the content. ESDC does not endorse the site or its content. You should be aware that information offered by this site is not subject to the Official Languages Act. Use of HigherEdPoints.com is at your own risk.

Provincial or territorial payments

Ontario, British Columbia, Saskatchewan, New Brunswick, or Newfoundland and Labrador

You repay all your student loans through the National Student Loan Service Centre.

Alberta, Manitoba, Nova Scotia and Prince Edward Island

The provincial and federal parts of your loan need to be repaid separately.

Follow the instructions from your provincial loan provider to repay the provincial part your loan. Use these repayment instructions for the federal part of your loan.

Quebec, Nunavut or the Northwest Territories

You pay back your loan directly to your province or territory. Contact your provincial or territorial loan provider to arrange payments.

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