Some Student Loan Payments Suspended

Labour and Advanced Education

June 5, 2018 1:53 PM


People with Nova Scotia student loans who live in areas of New Brunswick and British Columbia that are impacted by severe flooding will not have to make payments on those loans for six months.

The suspension of payment will help Nova Scotians whose ability to repay may be impacted by the flooding and allow them to focus on coping with the disruption.

Loan borrowers who live in the affected areas are eligible and those with addresses in the affected areas already on file will automatically have their loan payments suspended.

Borrowers who are affected but unsure whether they are eligible can contact Nova Scotia Student Assistance at 1-800-565-8420.


FOR BROADCAST USE:

     People with Nova Scotia student loans who live in areas of

New Brunswick and British Columbia that are impacted by severe

flooding will not have to make payments on those loans for six

months.

     The suspension of payment will help Nova Scotians whose

ability to repay may be impacted by the flooding and allow them

to focus on coping with the disruption.     

     Suspension of payments is automatic for borrowers who

already have a New Brunswick or British Columbia address in the

affected areas on file.

     Borrowers who are affected but unsure whether they are

eligible should contact Nova Scotia Student Assistance at 1-800

565-8420.

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Media Contact: Chrissy Matheson
              902-424-7420
              Cell: 902-471-2444
              Email: Chrissy.Matheson@novascotia.ca