Prepare for loan repayment

If you're planning to take out a student loan, it's important to prepare to pay back the loan when you finish school.

After finishing school, you have a 6-month non-repayment period. During this time, you do not need to make payments, but you can if you like. Once the 6 months are over, you must start paying back your loan. If you need help with your loan payment, we have repayment programs for you.

Your loan payment amounts will be based on how much you borrow.

B.C. stopped charging interest on all B.C. government-issued student loans as of February 19, 2019.

The Government of Canada stopped charging interest on all Canada Student Loans as of April 1, 2023.

If you owed any interest on your loans before B.C. or Canada stopped charging interest, you are still responsible for repaying it.