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.