Repayment

What would you like to do?

• I got a letter to say I’m entering repayment, but I’m still in school. Help!
• I am entering repayment, and want to learn more about what happens next.
• I want to reduce the amount of student loans that I owe.
• I’m having trouble making my student loan payments and want to explore my repayment assistance options.
• I am “in default”, and want to learn more about what that means.
• I want to contact the Resolve Corporation/the lender that manages my loans so I can:
  • increase my payments
  • update my banking information
  • ask about or apply for repayment assistance
  • ask questions about my account, direct debit payments, etc.
• I am repaying loans through the Royal Bank of Canada (most loans before 2008).

Opportunities to reduce your student loans after graduation

• The Nova Scotia Loan Forgiveness Program:
  • Undergraduate Degrees: May eliminate your NS student loan for eligible programs completed at a NS University. It is assessed automatically. Learn more about eligibility
  • Diplomas and Certificates: May eliminate your NS student loan for eligible programs completed at NSCC or a NS University. It is assessed automatically. Learn more about eligibility
  • Students who have a disability are automatically assessed a little differently for Loan Forgiveness, allowing more time for students to complete their program. Learn more about eligibility.
• The Debt Cap benefit is automatically assessed for all university students who meet the Debt Cap criteria (for NS Student Loans issued from Aug 2011 to July 2015)
• Zero Interest on NS Student Loans
• Canada Student Loan Forgiveness for Family Doctors and Nurses
• Use Income Tax refunds that result from your education tax-credits and other income tax advantages for students to make lump sum payments and reduce your loans.

Managing your loan account: Contact these service providers