This website is a testimony to the problems Canadian Student Loan borrowers experienced from approximately 1996 to 2008 and until their loans were paid off.

The privatization of the Student Loans system by the Chretien and Martin Liberal governments broke the system and defaulted thousands of borrowers who were trying to pay their loans. There were even stories of suicide due to the harassment of borrowers.

Read the report that I prepared back in 2007 here. Canada Student Loans-The Need for Change Fortunately the new Conservative government at the time revamped the program and fixed the system for new borrowers, but borrowers under the previous program were left with ruined credit and continued harassment from debt collectors.

I call on the Canadian Government to apologize to the borrowers affected by this fiasco and make amends.

Unfortunately the Liberal government is again clobbering the Education system with their upcoming changes to International Student Visas. Yes, there's a problem, but instead of a well thought out plan, they have pulled the emergency brake on the train causing a derailment. This has introduced unprecedented instability for both private and public education institutions who serve both international and local students.

Universities can't plan. I've heard of courses being cut because the government has no process in place for universities to send the newly required acceptance letters to the government.

This means that students who have been accepted can not attend courses that start in the summer 2024 semester. With cut sections, current Canadian students will have trouble getting courses, and may have to switch to part-time which changes their enrollment status and might trigger repayment of their loans or ineligibility for funding. I've seen this before. It wreaks havoc on the student loan borrowers.

Again, the Liberal government has messed up the education environment. Will the new system needed in a rush for the acceptance letters be the new Arrivecan scandal?

I call on the government to implement a slower phased in approach and delay the requirement of the acceptance letters until a process is in place to submit these letters.


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Forum LockedQuestion about federal and provincial funding

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Spiner35 View Drop Down
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Joined: 05/March/2014
Location: St.Catharines
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Spiner35 Quote  Post ReplyReply Direct Link To This Post Topic: Question about federal and provincial funding
    Posted: 04/December/2014 at 10:33am
Hello, 

I am interested in obtaining the following information; 

[1]  I have recently settled with the Federal Government in regards to the Federal Portion of my student loans.  This portion is in good standing, that is, it is not longer in default.  I contacted NSLSC and they confirmed that all restrictions have been removed from the Federal portion.    

[2] Today I submitted a confirmation of enrollment (Schedule 2) with the financial aid office at the institution that I am attending.  It was done electronically. 

[3] I was told by numerous people that I can still obtain the Federal Portion of the loan even though the provincial portion is in default. 

[4] I am in Ontario.

[5] I have started my application for OSAP, however, my provincial portion is still in default.  

My question; 

Given that my Federal portion of the loans is in good standing would I be eligible for Federal funding even though the provincial portion is still in default?  I looked over the OSAP and Ministries website and the language used seems to suggest that it is possible.  I am wondering if it would make sense for me to go a head and complete the application for OSAP.  Also, how long does it take for a Schedule 2 to be processed?


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