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Repayment and Interest

Interest-Free and/or Non-Repayment Status

Have you had government student aid previously but are paying tuition on your own this year?

Students that have taken out student aid in previous years but are not taking out new loans can let their student aid branches know they're still in school in order to obtain non-payment and/or interest-free status.

Canada Student Loans - Schedule 2

Students can now complete a Schedule 2 Confirmation of Enrolment online to inform Canada Student Loans that they are currently enrolled in studies.

Visit the National Student Loan Service Centre website to complete their confirmation of enrolment request. After logging in (or creating a new account if necessary), students click on the 'Confirm Your Enrolment' link in the menu bar. Students then complete the required fields and select The University of Winnipeg from the drop down menu of eligible institutions. Click the submit button and the request will be sent to the University of Winnipeg to confirm your attendance. These requests are completed within 5 business days of receipt and your account with Canada Student Loans will be updated.

Out-of-Province Student Aid Interest-Free Forms

Please contact your provincial or territorial government student aid branch and/or come to the Awards & Financial Aid office where staff can provide you with the necessary forms and instructions.

Interest Rates and Government Student Aid

Canada Student Loans and Manitoba Student Loans are interest-free while you are in school full-time.

Interest Rate During Full-Time Studies & Grace Period*

Interest Rate Once Graduated and/or Out of Full-Time Studies for 6 Months

Manitoba Student Aid



Canada Student Loans



Student Loans

 Contact your province/territory.

 Contact your province/territory.

*Grace Period is the 6-month non-repayment period between the time you finish school and before you must begin making payments on your loans.

Repaying your Loans

Are you graduating or leaving school? Then it's time to take charge of your finances! Remember that you don't have to make any payments on your student loan(s) for the first six months after you leave school.

Your government student loan(s) may come from the federal government and or your provincial/territorial government. This means you could have more than one loan to pay back.

Repaying your Manitoba Student Aid

Payments are due on your Manitoba Student Loan six months after you stop going to school full-time. Manitoba Student Aid will send you information with specific dates of when your payments will start and how much they will be. Visit the Manitoba Student Aid website for full details.

The Manitoba government is currently in the process of integrating some of the administration of the Manitoba Student Aid (MSA) program with the Canada Student Financial Assistance (CSFA) program. This means that the National Student Loans Service Centre (NSLSC) will manage loan disbursement and repayment of Manitoba student loans. Note that MSA will continue to manage existing loans in repayment until April 1, 2023, and students will continue to submit new student loan applications, requests for reassessments and appeals for funding to MSA as that part of the MSA program is not changing.

 It is important that MSA is able to connect with you by email in January to share important instructions on how to sign a new integrated MSFAA for continuing your student loan services with the NSLSC.  Please ensure your contact information is up to date by logging into the MSA online portal.

 No further action is needed if you have already signed the new MSFAA after July 4, 2022.

Repaying your Canada Student Loans

The National Student Loan Service Centre (NSLSC) will send your Consolidation Agreement by mail before you are required to start making payments. The Agreement sets the terms for the repayment of your Canada Student Loan; this is the federal portion of your loan. You'll have to make a number of decisions, including the type of interest rate and how long you'll take to repay your loan. Visit the Canada Student Loans website for full details.

Repaying your Out-of-Province Student Aid

Depending on the province(s) or territories from which you received funding, you might receive another Consolidation Agreement by mail for your provincial or territorial student loan.

Watch a Video on How Repayment Works

The National Student Loan Service Centre now offers webinars to give you information regarding the repayment process, hints and tips on how to save on interest, and what to do in the event that you are having difficulty making the payments.

If you obtained Manitoba Student Aid and Canada Student Loans, watch this informative repayment seminar.

Repayment Assistance

The Government of Canada and participating provinces provide repayment assistance to borrowers with lower incomes who apply and are eligible for RAP (Repayment Assistance Program).

To ensure that no borrower has to make a student loan payment they cannot afford, the governments of Canada, Manitoba, Newfoundland and Labrador, Saskatchewan, New Brunswick, and Nova Scotia have increased the zero payment threshold for repayment assistance from $25,000 to $40,000 for borrowers in a family size of one.

Other changes include:

  • Corresponding increases for borrowers with other family sizes.
  • Maximum affordable payments will be lowered from 20% to 10% of a household income.
  • New income thresholds will be indexed to inflation to ensure RAP eligibility keeps pace with inflation.
Manitoba Student Aid's Repayment Assistance Plan (RAP)

If you're eligible for RAP, your monthly loan payments are calculated based on your family income and size. It's also possible that you may not have to make any loan payments until your income goes up. For further information visit the Manitoba Student Aid website.

Remember that Manitoba Student Aid's repayment assistance is separate from the Canada Student Loan Repayment Assistance Plan. For further information visit the Government of Canada website.

National Student Loans Repayment Assistance Plan (RAP)

The RAP helps eligible borrowers who are having financial difficulty repaying their student loans by allowing them to pay back what they can reasonably afford or sometimes pausing their payments. For further information visit the Government of Canada website.

Depending on your income, you may not be required to make payments that exceed your income by 10%, or any payment at all. You can apply for RAP anytime during repayment.

Missing payments can have serious and long-term consequences. Contact the NSLSC before you miss a payment.

Repayment Assistance for Borrowers with a Permanent Disability

If you owe on a student loan, you have a permanent disability and you are having difficulty repaying your loan, you may qualify for one of Manitoba Student Aid's Repayment Assistance Plan for Borrowers with a Permanent Disability or possibly Permanent Disability Medical Forgiveness. For further information visit the Manitoba Student Aid website.