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, or visit NSLSC

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 affordable payments

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 NSLSC
  • Repayment Assistance Plan for borrowers with Permanent Disability can also be found at NSLSC