Your B.C. student loan debt cannot be discharged if you declare bankruptcy less than 7 years after your last study period ends. This means that even if your other debt is discharged, you will still have to repay your B.C. student loans.

Your B.C. student loan debt can be discharged as part of your bankruptcy claim if you finished school more than 7 years ago. The 7-year count starts after your most recent time in study, even if you did not get student loans, grants, or other student aid.

The court can reduce this period to 5 years under the “hardship provision.”

If you are in school when you declare bankruptcy, you could get up to 3 more years of student loans and grants to help you finish your program. You can’t get more student aid if you change programs.

If you are in repayment when you declare bankruptcy, you will have to wait 3 years before you can get any more student aid.

The 3-year count starts when your student loan debt is discharged; this is referred to as the discharge date.

You can appeal to get more student aid during this period by submitting an B.C. Student Loan Rehabilitation Due to Bankruptcy. Visit our Appeals page to learn more.