What is the loan repayment rate for your institution?
Canada Student Loan Repayment Rates by Institution
Below you will find information on the repayment of Canada student loans. This information is provided to help students make informed decisions about their post-secondary education investment.
The repayment rate refers to the percentage of Canada loan dollars that have been repaid by former students that attended the institution. The higher the number, the better the results. Rates below 60.0% are considered high risk.
For more information on repayment rates visit the CanLearn website: http://tools.canlearn.ca/cslgs-scpse/cln-cln/rtr-rri/af.rri-eng.do
- This information pertains to Canada student loans. Information about provincial student loans is not included. Canada student loans represent about 60% of the government loan funding available to borrowers.
- Only educational institutions designated and located in British Columbia are included.
- “n/a” means the institution had 10 or fewer borrowers in the given cohort. Only designated educational institutions with more than ten borrowers have data reported, for privacy reasons.
- "n/d" means the institution was not designated for student financial assistance in the given reporting year.
- This information is based on full-time borrowers who consolidated their loans within a one-year time frame. A borrower's loan is consolidated six months after their last day of study. For example, the 2014 repayment rate is based on borrowers who finished their studies between February 1, 2012 and January 31, 2013 and consolidated their loans between August 1, 2012 to July 31, 2013.
- The repayment rate is the percentage of the total loan dollar value not in delinquency or in default at a single point in time (July 31 of a given year). The following formula is used to calculate repayment rates for each designated educational institution: [(principal paid + principal in good standing) ÷ principal at consolidation] x 100%.
- The "Borrowers" column shows the number of borrowers at the institution in the most recent reporting year (2014). Borrowers who attended multiple educational institutions are included in the totals for each of the institutions attended.