Getting Help with Payment
You may be thinking about choices to make your debt lower and also to make your re re payments cheaper.
You aren’t alone: We assist pupils as you handle their financial obligation each and every day, particularly because they transition from going to college to working and growing their jobs. Nova Scotia scholar Assistance together with Canada scholar Loans Program offer options that are several allow you to remain on track economically and excersice toward your targets.
Repayment Assistance Plan
The Repayment Assistance Arrange is present to borrowers who will be having trouble managing their payments that are monthly. In the event that you make an application for the Repayment Assistance Arrange after November 1, 2016, you’ll not be asked to make payments in your student loans unless you are making at the least $25,000 per year. These plans allow it to be simpler for you to handle your financial troubles by determining an inexpensive payment per month based on your loved ones earnings and education loan financial obligation level.
Nationwide figuratively speaking provider Centre (NSLSC) at 1-888-815-4514 or Canada Student Loan Program site
Payment Deferral System
The Payment Deferral Program provides borrowers the chance to defer (delay) payment of the Nova Scotia education loan.