Student Loan Repayment
With the recently announced increases in the debt reduction program, students are eligible for up to $3500 per year of study in debt reduction, starting in the 2018-2019 academic year. To qualify for the increased debt reduction, apply for debt reduction...
You must begin to repay the federal portion of your student loan six months after the last date you attended school on a full-time basis. The first six months after your last day of full-time study is referred to as your “non-repayment period” or “grace...
If you are an Island student completing your medical residency and you have a PEI provincial student loan, you may be able to set your loan balance to “non-repayment” status until you complete your residency program. The federal portion of your student...
The PEI Student Loan Rehabilitation Program provides you with a six-month payment schedule as a way to bring your defaulted PEI Student Loan back into good standing. Once you complete the plan, your loan will be transferred back to Edulinx PEI, where you...
You must begin to repay the Provincial portion of your student loan twelve months after the last date you attended school on a full-time basis. The twelve months after your last day of full-time study is referred to as your “non-repayment period” or “...
If you have a severe permanent disability that prevents you from participating in post-secondary studies and the labour force for the rest of your life, you may be able to have your student loans cancelled through the Severe Permanent Disability Benefit...