The Permanent Disability Loan Forgiveness Program reduces total student debt for eligible Nova Scotia Student Loan borrowers who study at an eligible post-secondary institution at a reduced course load because they have a permanent disability.
This new program affects Nova Scotia Loans issued on or after August 1, 2015.
Students are automatically assessed under the Permanent Disability Loan Forgiveness Program when they graduate and we have received notice of graduation from your school. Once that has happened, we will assess your forgiveness amount on any NS Student Loans you have received since August 2015.
At the same time, we'll also check to see whether you may qualify for Debt Cap benefit for any NS Student Loans you received during the August 2011-July 2015 academic years as well as any other loans that might qualify for reduction under the Debt Reduction Program (for NS Loans issued 2003-2008).
Keep your address & contact information up to date!
If we have trouble obtaining your graduation data from your school, we may need to contact you for proof of graduation in order to assess you for loan forgiveness.
You will receive a letter by mail that informs you that you've been assessed for the Permanent Disability Loan Forgiveness Program and the amount of your Nova Scotia Student Loan, if any, that will be forgiven.