Canada Apprentice Loan Interest Suspension Update

Effective April 2021, the Government of Canada has suspended the accumulation of interest on Canada Apprentice Loans until March 31, 2023.

Apprentice Loan Borrowers living in British Columbia

Are you affected by the BC wildfires and need help making your apprentice loan payments? Contact us to fast-track your application for the Repayment Assistance Plan.

COVID – 19

Apprentice loan repayment suspension put in place by the Government of Canada as part of the COVID–19 measures ends on September 30, 2020. Apprentice loan payments and interest accrual resumes October 1, 2020. If you think you may need continued support on your payments visit Help Repaying Your Loan.

Post-secondary education is becoming more affordable and more accessible

The Government of Canada has made changes to Canada Apprentice Loan that will make it easier for apprentices to repay their loans. See more details at Canada.ca.

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My Canada Apprentice Loan online service account

Secure and convenient 24/7 access to your online account.
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Apply Now for a Canada Apprentice Loan

The Canada Apprentice Loan application for apprentices registered in Red Seal Trades is now available.
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Support for Apprentices

Eligible apprentices can receive additional support from the Government of Canada, including up to $4,000 in federal apprenticeship grants, tax credits and deductions and support through employment insurance.

Welcome to the Canada Apprentice Loan online service

The Government of Canada is committed to supporting registered apprentices throughout their training. The Canada Apprentice Loan can help you get the money you need to achieve your goals.

Find out more:

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My Canada Apprentice Loan online service account:

The Canada Apprentice Loan online service account is a secure portal that allows you to apply for a Canada Apprentice Loan, check the status of your loan, and much more.

 

What else can I do with my account?

With a Canada Apprentice Loan online service account you can also:
  • resume a saved application;
  • review and edit a submitted application;
  • sign up for direct deposit;
  • view your loan status, history, and account balance;
  • learn how to repay your loan;
  • download the forms you will need from the toolbox; and
  • update your contact information.
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