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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, it’s possible to settle your education loan prior to your financial capability along with your family members situation, perhaps the loan ended up being applied for beneath the Loans and Bursaries Program or even the Loans system for Part-Time Studies.

You will never be needed to repay this quantity.

If you’d like to obtain an estimate of one’s payment per month underneath the Deferred Payment Arrange centered on your economic and family members circumstances, you should use 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 Arrange is a consignment from you. Should a payment that is monthly required of you once Aide financiere aux etudes has analyzed the job, your standard bank is going to be immediately notified and can withdraw this quantity from your own account in each one of the 6 months included in the job.

Arrange limitations

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. Read more