Student Loan Repayment
If you graduated from a post-secondary program with more than $6,000 in student loan borrowed per year, you may be eligible for a debt reduction grant of up to $2,000 per year of study to help reduce your provincial student loan balance.
Am I eligible...
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...