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Correct! - Question #1

4While you are still in school, it is very important to confirm your student enrolment to ___________________________.

  • begin paying your loan at the beginning of the school year
  • apply for the "debt reduction in repayment" program
  • make sure your loan remains interest-free
  • qualify for additional student loan funding

Your Canada Student Loan will remain interest-free as long as you confirm your full-time status for each period of study. Every single time this needs to be done! You have six months from the end of your previous period of study end date to confirm your enrolment.

Example: If you finish your school year at the end of April, you must provide a Confirmation of Enrolment to your financial institution and/or NSLSC by the end of October.

(Source: 2003-2004 Information Guide, page 11) next page

 


Last modified: 11/08/2003
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