In the event that you be eligible for the Deferred Payment Arrange, it is possible to settle your education loan relative to your economic ability along with your household situation, if the loan had been removed underneath the Loans and Bursaries Program or even the Loans system for Part-Time Studies.
You shall not be needed to repay this quantity.
If you’d like to get an estimate of the payment per month underneath the Deferred Payment Arrange predicated on your monetary and household circumstances, you can make use of the payment per month calculation simulator.
The Deferred Payment Plan lets you repay your education loan despite your financial hardships.
Essential! Your application when it comes to Deferred Payment Arrange is dedication from you. Should a payment that is monthly required of you once Aide financiere aux etudes has analyzed the job, your standard bank is going to be immediately notified and can withdraw this amount from your own account in all the 6 months included in the job.
In the event that you be eligible for the Deferred Payment Arrange, the period of time included in the application will generally be half a year and will also be founded by firmly taking account of one’s demand to make use of the relief measure for repaying your student loan as well as the information in your file. It might be lower than 6 months in the event that you come back to your studies through the duration included in the application or achieve the combined lifetime limit that is 60-month.
You may restore you application to be involved in this course of action. Nevertheless, you ought to observe that you have to submit a fresh application for every six-month duration by which your desire to make use of the intend to make certain you qualify. Should this be a renewal application, you really need to have made all necessary payments under your application that is previous to for a brand new amount of deferral. (mehr …)