Canada – Newfoundland and Labrador Student Financial Assistance Program
The Government of Canada and the Government of Newfoundland and Labrador work together
to provide student financial assistance. Both loans and grants are available to
help you access and pay for post-secondary education. With one application you will
be assessed for both federal and provincial student loans as well as most student
Financial Assistance for Full-Time Students
The provincial government provides 40% of your assessed financial need to a maximum
of $140 per week of study; the federal government provides the remaining 60% to
a maximum of $210 in loans per week of study. Additional funding may be available
in the form of non-repayable Canada Student Grants.
- Provincial Study Grant
- Debt Reduction Grant
- Early Childhood Education Grant
- Grant for Students from Low-Income Families
- Grant for Students from Middle-Income Families
- Grant for Full-Time Students with Dependants
- Grant for Students with Permanent Disabilities
- Grant for Services and Equipment for Students with Permanent Disabilities
Financial Assistance for Part-Time Students
The Government of Canada offers loans and grants for part-time studies to students
taking between 20% and 59% of a full course load. If you are a student with a permanent
disability and you are studying between 40 to 59% of a full course load, you can
choose to be considered a full or part-time student.
Acts and Regulations
To review the Acts and Regulations governing the Canada Student Loans Program, visit the above link.
Student Aid: http://www.ed.gov.nl.ca/studentaid/index.html
Financial Assistance Available: http://www.ed.gov.nl.ca/studentaid/assistance/index.html
Application for Student Financial Assistance: http://www.ed.gov.nl.ca/studentaid/apply/index.html
Is My Application Processed?: https://stjh-p001.gov.nl.ca/SAID10GP/util.show_login?p_target=inquire.open_inquiry
How to Get My Loans and Grants: http://www.ed.gov.nl.ca/studentaid/loans/index.html
Pre-study Income Confirmation (ICF): http://www.ed.gov.nl.ca/studentaid/icf.html
Factors Affecting Continuing Eligibility: http://www.ed.gov.nl.ca/studentaid/factors/index.html
Career Counselling Services: http://www.ed.gov.nl.ca/studentaid/career.html
Calculating Student Financial Assistance: http://www.ed.gov.nl.ca/studentaid/whatwedo/index.html
Keeping Prior Loans in Good Standing: http://www.ed.gov.nl.ca/studentaid/goodstanding.html
Can I Appeal?: http://www.ed.gov.nl.ca/studentaid/appeal.html
Repayment Assistance Program
The Repayment Assistance Plan (RAP) was created to help if you have difficulty repaying
your student loan. This program gives you available repayment options to help you
manage your payments and avoid defaulting on your loan. For detailed information
on this program, please contact the National Student Loans Service Centre (NSLSC)
at 1-888-815-4514, visit www.CanLearn.ca
How does RAP work?
Depending on your financial circumstances, the RAP has two (2) stages to help you
to fully repay your student loan within fifteen (15) years.
Stage 1: This stage applies to the first five (5) years of the plan.
- Borrowers who qualify will make affordable payment (or no payment) toward the principal
of the student loan: paying the principal first reduces the total debt.
- Borrowers will not make payments exceeding 20% of their income towards loans covered
by RAP. In the case where a borrower has a very low income, no payments are required.
- The Government of Canada will cover the amount of interest owing that the borrower’s
payment do not cover.
Stage 2: This stage starts once the borrower has completed stage 1 or after the
borrower has been repaying the loan for ten (10) years.
- The Government of Canada will continue to cover interest and both the governments
of Canada and Newfoundland and Labrador will begin to cover the portion of the principal
of the loan not met by the borrower’s affordable payment.
- The balance of the loan should be gradually paid off so that no student loan debt
remains after fifteen (15) years.
- Borrowers will need to meet the same eligibility criteria and will continue to make
Am I eligible?
To be eligible for repayment assistance, you must:
- Be a Canadian citizen.
- Have signed and returned your Consolidation Student Loan Agreement to the NSLSC.
- Meet the financial eligibility criteria.
How do I apply?
You need to apply for the RAP: enrollment is not automatic.
- Call the NSLSC at 1-888-815-4514 to request an application form or to get more information
on the plan.
- Complete the application form and submit it, along with all required supporting
documentation, to the NSLSC.
- RAP is approved in six (6) month intervals: you must reapply after each six (6)
month approved period.
- Applications are also available through your NSLSC Online Services at www.CanLearn.ca.
- Repayment Assistance Plan for borrowers with Permanent Disability can also be found
Three things you need to know: http://www.canlearn.ca/eng/after/payingback/index.shtml
Repayment Assistance: http://www.canlearn.ca/eng/after/repaymentassistance/index.shtml
Manage Student Loan Debt: http://www.canlearn.ca/eng/after/manage/index.shtml
Loan Repayment Estimator: http://tools.canlearn.ca/cslgs-scpse/cln-cln/50/crp-lrc/af.nlindex-eng.do
Parental Contribution Calculator: http://tools.canlearn.ca/cslgs-scpse/cln-cln/50/ccp-pcc/af.ccp-pcc_ecran-screen1-eng.do
Repayment Assistance Estimator: http://tools.canlearn.ca/cslgs-scpse/cln-cln/50/rae-ear/rae-ear-1-eng.do?
Student Financial Assistance Estimator: http://tools.canlearn.ca/cslgs-scpse/cln-cln/50/rae-ear/rae-ear-1-eng.do?
Service Canada Education and Training Programs - http://www.servicecanada.gc.ca/eng/subjects/education/index.shtml
Advance Education and Skills, Labour Market Development Agreement Delivery Office Locations - http://www.aes.gov.nl.ca/department/contact.html#regions
Advance Education and Skills – Employment Assistance Services - http://www.aes.gov.nl.ca/lmda/eas.html
Employment Assistance Service Providers in Newfoundland and Labrador - http://www.aes.gov.nl.ca/lmda/pdf/EAS_Listing.pdf
Qalipu Mi’kmaq First Nations Band – Education, Training and Employment - http://qalipu.ca/membership-programs-and-services/education-training-and-employment/
Labrador Metis – Human Resource Development - http://www.labradormetis.ca/home/6
Canadian Paraplegic Association - https://www.canparaplegic.org/
Workplace Health Safety and Compensation Commission – Labour Market Re-Entry Services - http://www.whscc.nf.ca/workers/WS_Labour_Market_Reentry_Services.whscc