Tag · Canada
NSLSC
Loopholes Tagged "NSLSC"
Plain-English guides to Canadian legal rights and workarounds related to NSLSC.
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Canada Student Loan Repayment Assistance Plan — Cap Payments and Earn Forgiveness
The federal Repayment Assistance Plan caps your Canada Student Loan payments at 10% of household income, covers interest shortfalls, and forgives remaining principal after 10 years of payments.
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Federal Student Loans Are Now Interest-Free — Repayment Assistance and RAP Explained
Since April 2023, federal Canada Student Loans carry 0% interest — and the Repayment Assistance Plan (RAP) caps your monthly payments at 20% of income, potentially resulting in $0 payments for low-income graduates.
Medium If You're Saving for Retirement
Canada Student Loan Severe Permanent Disability Benefit — Cancel Federal Student Debt When Disability Is Extreme
Borrowers with a severe permanent disability may qualify to have Canada Student Loans forgiven under the Severe Permanent Disability Benefit.