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The Canada Student Loan Program (sometimes referred to as the National Student Loan) is administered by National Student Loan Service Centre [6] a part of Human Resources and Social (Skills) Development Canada (HRSDC). Students have the choice of opting for a fixed interest rate of prime interest rate, or a floating interest rate.
Society contributes through loan forgiveness and servicing costs. Alberta's student financial assistance program has increased student loan levels as well as the number and value of non-repayable forms of financial assistance in a context marked by the rising cost of post-secondary education. [20]
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The Ontario Student Assistance Program (OSAP) (French: Régime d'aide financière aux étudiantes et étudiants de l'Ontario (RAFEO)) is a provincial financial aid program that offers grants and loans to help Ontario students pay for their post-secondary education. OSAP determines the amount of money that a student is eligible to receive by ...
Student loan payments are due in October for the first time in three-plus years – but for the next 12 months, borrowers will be able to skip payments without facing the harsh financial ...