Student Loan Repayment

You must begin to repay the federal portion of your student loan six months after the last date you attended school on a full-time basis. The first six months after your last day of full-time study is referred to as your “non-repayment period” or...

Island students completing a medical residency can apply to stop paying their PEI provincial student loan. If approved, their balance will be set to “non-repayment” status until they complete their residency program. The federal portion of your...

The PEI Student Loan Rehabilitation Program provides you with a six-month payment schedule as a way to bring your defaulted PEI Student Loan back into good standing. Once you complete the plan, your loan will be transferred back to Edulinx PEI, where...

You must begin to repay the Provincial portion of your student loan twelve months after the last date you attended school on a full-time basis. The twelve months after your last day of full-time study is referred to as your “non-repayment period” or...

If you have a severe permanent disability that prevents you from participating in post-secondary studies and the labour force for the rest of your life, you may be able to have your student loans cancelled through the Severe Permanent Disability...

The Province of Prince Edward Island is dedicated to reducing financial barriers faced by Island students who go to post-secondary education. The Debt Reduction Grant program assists post-secondary graduates with their provincial student loan...