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38 yr old loan

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Joanyf View Drop Down

Joined: 12/August/2018
Location: Hamilton
Points: 2
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    Posted: 12/August/2018 at 9:21pm
I am 55 years old and living in Ontario and moved to Ontario 35 years ago.and I just applied for OSAP to go back to schooland it came up that I had a Canada student loan back in 1985 and they say it was for $7,000 which to me sounds totally off because I don't think anybody got a $7,000 loan back then. I found out in June of that year that I was status Indian and that I should have been informed that I could have gone back to school without having to take out this loan. So at the time we worked together with inac who I thought had said that it would be taken care of. clearly it hasn't been because I've been precluded from applying for OSAP last week when I called after 38 years!could this still be on the records? do I have to pay it back? because it must have a good chunk of that $7,000 must be interest correct? This is a huge blow as I just recently found returning to school was an option and my bands funds are committed already.They have guaranteed I can be funded next year. But I'm not getting younger. Any advice u can give would be appreciated.
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