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Nova Scotia Eliminates Interest on Provincial Loan

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    Posted: 28/March/2014 at 5:45pm

Student loan interest eliminated for eligible Nova Scotians

The 3rd province to eliminate interest on the provincial portion of loans

http://www.cbc.ca/news/canada/nova-scotia/student-loan-interest-eliminated-for-eligible-nova-scotians-1.2590069

To qualify, a borrower must meet the following criteria:

  • Be a resident of Nova Scotia.
  • Have graduated from an "approved, designated post-secondary school."
  • Have a Nova Scotia government-sponsored "direct-lend" loan.
  • Have entered repayment on their student loans on or after Nov. 1, 2007.

Wouldn't it be great if other provinces followed?


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Mark O'Meara

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