Stay in touch with your student loan provider and maintain proof of your ongoing studies.
- Pay tuition and other required fees or apply for a fee deferral by the fee payment deadline
- Maintain the required course load and a satisfactory scholastic standing. Connect with your Student Success Advisor before dropping or repeating courses.
- Update contact information online with both StudentAid BC and National Student Loan Service Centre.
- Update banking information while in study by using the Bank Account Change Request form.
To continue receiving financial aid, the Canada Student Financial Assistance Act, Canada Student Loans Program policy and StudentAid BC policy require you to maintain a satisfactory scholastic standing.
While you are in school registered in a minimum of 9 eligible credits, you are not required to make any payments and your loan is interest-free. After your Period of Study end date, your loan status is in a non-repayment period for six months. You do not have to make payments while your loan is in the six-month non-repayment period.
*Returning full-time students not receiving further student loans: Apply online for interest-free status as soon as you return to studies.
If you have a previous part-time government student loan and you are returning to either part-time or full-time study, you do not need to begin repayment; however, you must inform your lender that you are returning to study.
You have six months from your study period end date before you must start paying back your loan.