Managing and Minimizing Your Debt
Did you do the math?
Student Assistance is helping you afford your post-secondary education, but of course you want to borrow as little as possible. Every dollar you borrow today will be repaid out of your future earnings, and you’ll want those monthly payments to be as small and few as possible.
Before School: Plan ahead to minimize debt
In addition to how you budget and spend money, you are making many other decisions that will have a long-term effect on how much student debt you’ll need to eventually repay.
- Have you looked at all your options to “earn while you learn”?
- Did you choose a program that will get you the job and earnings you want, in the area you expect to live? Using Designation information to choose the right school and program
- Is there a school and program that qualifies for the Nova Scotia Loan Forgiveness Program that is a great fit for your career goals?
- Finding other resources to help pay for school
In School: Keep your debt low
- Our Student Finance 101: Course Syllabus has some tips to help you keep your debt low while you’re in study.
- How we calculate your financial need & resources
- Understanding Overawards