Loan Repayment & Forgiveness
Loan Repayment & Forgiveness
When do you begin repaying or remising your student loan?
You must contact the SFA Office once you cease full-time studies in order to make arrangements to have your loan forgiven and/ or begin repayment. You are entitled to a 6 month interest-free period after ceasing full-time studies.
Ceasing full-time studies means that you:
- Are finished your program of study
- Are enrolled in part-time post-secondary studies or upgrading
- Withdrew, or are withdrawing from school
- Are taking a semester off, or
- Dropped some classes and are no longer considered a full-time student according to SFA
Need more information about having your student loans forgiven or need to start repaying? Call the SFA Office toll-free at 1-800-661-0793, email nwtsfa@gov.nt.ca.