You will be able to repay your student loan in accordance with your financial capacity and your family situation, whether the loan was taken out under the Loans and Bursaries Program or the Loans Program for Part-Time Studies if you qualify for the Deferred Payment Plan.
You shall never be necessary to repay this quantity.
You can use the monthly payment calculation simulator if you want to obtain an estimate of your monthly payment under the Deferred Payment Plan based on your financial and family situations.
The Deferred Payment Plan enables you to repay your education loan despite your difficulties that are financial.
Crucial! Your application for the Deferred Payment Arrange is a consignment on your component. Should a month-to-month repayment be required of you once Aide financiere aux etudes has analyzed the job, your standard bank is likely to be immediately notified and can withdraw this amount from your own account in all the half a year included in the application.
In the event that you be eligible for the Deferred Payment Arrange, the period of time included in the application will generally be 6 months and will also be founded by firmly taking account of one’s request to use the relief measure for repaying your education loan as well as the information in your file. (more…)