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  1. 31 Μαρ 2023 · Interest accrual on Canada Student Loans and Canada Apprentice Loans was temporarily paused beginning in 2020 and becomes permanent April 1, 2023. Quebec, the Northwest Territories and Nunavut do not participate in the Canada Student Financial Assistance Program.

  2. 10 Σεπ 2024 · Since April 1, 2023, interest charges have been permanently eliminated on all Canada Student Loans and Canada Apprentice Loans, saving the average student loan borrower an average of $610 every year on interest payments.

  3. Effective April 1st, 2023, the Government of Canada has permanently eliminated the accumulation of interest on all Canada Student Loans including loans currently being repaid. You continue to be responsible to pay any interest that may have accrued on your loan before April 1, 2023.

  4. 30 Μαΐ 2023 · The Canadian government eliminated interest on Canada Student Loans and Canada Apprentice Loans this April, indefinitely continuing the interest-free status of federal loans first...

  5. 3 Νοε 2022 · Ottawa plans to make permanent its pandemic-era pause on student loan interest in an effort to reduce some of the current financial pressures on young Canadians as the cost of living rises....

  6. There are lifetime limits on the number of weeks you can receive student aid. This includes any payment-free or interest-free periods while you are in school. You also have to start paying back your loan 6 months after you graduate or finish your studies.

  7. Canada Student Loans Persistent or Prolonged Disability. Effective August 1, 2022, the Government of Canada is expanding access to disability supports to students and borrowers with a persistent or prolonged disability. For more information and/or to see if you are eligible for persistent or prolonged disability benefits, visit Canada.ca.

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