At the time of 1 2019, the Nova Scotia Loan Forgiveness Program can eliminate all Nova Scotia debt for eligible borrowers who study at Nova Scotia universities august.
Nova Scotia pupils graduating from Nova Scotia non-professional undergraduate programs may no further need to repay the provincial part of their figuratively speaking. Graduates can get 5 years of loan forgiveness, as much as $20,400.
Nova Scotia Loans issued on or after 1 August, 2015 can be qualified to receive Loan Forgiveness.
Loan Forgiveness works differently for pupils having a disability that is permanent head to Permanent Disabilities Loan Forgiveness system for information.
Eligibility
Eligibility requirements:
- You have to graduate from an undergraduate, non-professional level system at a Nova Scotia university.
- it should be very first undergraduate level eligible for the Loan Forgiveness Program.
- The degree that is entire be completed within eight several years of beginning it.
- The qualifying degree can include credit transfers that are made under inter-institutional agreements (sometimes known as a Letter of Permission) in most cases.
Qualified quantity:
- You will be assessed for Loan Forgiveness for your first four years of study toward that degree if you graduated before 1 August, 2017, and took five or even more years to complete your degree.
- In the event that you graduated after 1 August, 2017, and took five or even more years to accomplish your degree, you’re going to be evaluated for Loan Forgiveness for your first 5 years of research toward that degree. Read more »