Medical Residency Interest Relief Program
Island students completing a medical residency can apply to stop paying their PEI provincial student loan. If approved, their balance will be set to “non-repayment” status until they complete their residency program. The federal portion of your student loan is not eligible for this repayment relief.
How do I apply for loan repayment relief?
Please submit the following to apply:
- Medical Interest Relief application.
- Contract or confirmation letter from your program administrator.
- Written proof of your student loan balance, and a completed Medical Residency Interest Relief application.
Please specify the start and end dates for the entire program.
What is the application deadline?
Medical residents may apply at any time, but the program is not retroactive. Please apply before the residency start date to maximize the program's benefits.
PEI student loans are funded federally and provincially. Please note that the Medical Residency Payment Relief program applies only to Provincial Loan balances administered by Edulinx. Loans administered by the National Student Loans Service Centre are not included in this program. To inquire about programs applicable to your Federal Student Loan, please contact the National Student Loans Service Centre at 1-888-815-4514.
Medical Residency Interest Relief application
Student Financial Services
P.O. Box 2000
176 Great George St., Suite 212
Telephone: (902) 368-4604