The government will pay the interest on your loan on your behalf during this period.

The government will pay the interest on your loan on your behalf during this period.

Description

In the event that you be eligible for the Deferred Payment Arrange, you'll be able to to repay your education loan prior to your economic capability along with your household situation, or perhaps a loan had been applied for underneath the Loans and Bursaries Program or even the Loans system for Part-Time Studies.

You will never be necessary to repay this quantity.

Should you want to get an estimate of one's payment underneath the Deferred Payment Arrange according to your economic and family members circumstances, you can make use of the payment calculation simulator.

The Deferred Payment Plan lets you repay your education loan despite your difficulties that are financial.

Crucial! Your application when it comes to Deferred Payment Plan is dedication from you. Should a payment that is monthly required of you once Aide financiere aux etudes has analyzed the job, your lender will soon be immediately notified and can withdraw this quantity from your own account in all the half a year included in the job.

Plan restrictions

The time period covered by your application will generally be six months and will be established by taking account of your request to take advantage of the relief measure for repaying your student loan and the information in your file if you qualify for the Deferred Payment Plan. It may be significantly less than 6 months in the event that you come back to your studies throughout the duration included in the application or achieve the combined 60-month life time limitation.

You might restore you application to take part in this plan of action. Nonetheless, you need to remember that you have to submit a fresh application for every six-month duration by which your desire to use the want to make certain you qualify.

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