Payments you make during the six-month non-repayment period will be applied directly to the principal of your loan.
The standard number of payments is 114 if you start your payments 6 months after studies, or 120 if you do not. Make to repay your Canada Student Loan or other government student loans.Īll you need to do is enter the total amount of your loan(s), chooseĪn interest rate option, and decide on the number of monthly payments that you would like to make. The Loan Repayment Estimator can help you estimate the monthly payments you will need to
