Repayment Assistance Plan

The Repayment Assistance Plan (RAP) makes it easier for you to manage your student loan debt by reducing your monthly payment.

Repayment Assistance Estimator

Having trouble paying your student loan? Enter your loan information in the Repayment Assistance Estimator to see if you are eligible to receive repayment assistance.

Under the Repayment Assistance Plan (RAP):

  • Your monthly student loan payments would either be reduced, or you would not have to make any payments, depending on your financial situation.
  • Enrolment is not automatic and you would have to re-apply for this plan every six months.

Eligibility

You may qualify for RAP if:

  • you are residing in Canada (or on an international internship or a reservist deployed abroad); and
  • at least six months has passed since you graduated or left school.

Apply

To apply:

  • complete an online application through your National Student Loans Service Centre (NSLSC) Online Services account (you can register for an online account first if you do not have one already); or
  • download and complete a RAP application and mail or fax it to the NSLSC.

Note:

If your loans were issued to you by Prince Edward Island or Manitoba, you have to apply directly to your province for repayment assistance for your provincial loan. Contact your provincial student financial assistance office to find out more.

For more information on how to apply, contact the NSLSC.

How the Repayment Assistance Plan works

Stage 1:

The Government of Canada and your provincial government will pay the interest owing that your revised payment does not cover. This may last for up to 10 six-month periods or 60 months during the 10-year period after you leave school.

Stage 2:

This stage starts once you complete Stage 1, have been repaying the loan for 10 years after leaving school or have been approved for the Repayment Assistance Plan for Borrowers with a Permanent Disability. In Stage 2, the Government of Canada and your provincial government will continue to cover the interest owing that your revised payment does not cover and will start to cover a portion of the principal amount owing. The balance of your loan is gradually paid off so you won’t have any student loan debt 15 years after leaving school (or 10 years for qualified borrowers with a permanent disability).

Once you have been approved for and receive a Stage 2 benefit, you cannot receive additional student loans or grants until your existing loans are paid in full. However, you can still get interest-free status for your existing student loans if you return to school.

Repayment Assistance Plan for Borrowers with a Permanent Disability

The Repayment Assistance Plan for Borrowers with a Permanent Disability (RAP-PD) is available to borrowers with permanent disabilities having difficulty paying back their student loans. RAP-PD makes it easier for you to manage your student loan debt by reducing your monthly payment.

Under the Repayment Assistance Plan for Borrowers with a Permanent Disability:

  • Your monthly student loan payments would either be reduced or you would not have to make any payments, depending on your financial situation and permanent disability-related expenses, which include allowable uninsured medical expenses, special care and other expenses directly related to your permanent disability.
  • Enrolment would not be automatic and you would have to re-apply for this plan every six months.

Eligibility

You qualify for RAP-PD if:

  • you have a permanent disability that has been assessed and recognized by the Canada Student Loans Program; and
  • you are eligible for the Repayment Assistance Plan.

Apply

To apply:

  • complete an online application through your NSLSC Online Services account (you can register for an online account first if you do not have one already); or
  • download a RAP application and mail it to the NSLSC.

If you would like your disability-related expenses or exceptional expenses to be considered, you can complete and submit a RAP-PD Expense Form with your application.

Note:

If your loans were issued to you by Prince Edward Island or Manitoba, you have to apply directly to your province for repayment assistance for your provincial loan. Contact your provincial student financial assistance office to find out more.

For more information, contact the NSLSC.