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New repayment rules start today...

Printed From: CanadaStudentDebt.ca
Category: News, Announcements and Alerts
Forum Name: News, Announcements and Alerts
Forum Description: Recent news stories and Announcements
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=7183
Printed Date: 29/March/2024 at 1:48am
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Topic: New repayment rules start today...
Posted By: administrator
Subject: New repayment rules start today...
Date Posted: 01/November/2016 at 7:40am
http://www.cbc.ca/news/business/student-loans-new-rules-1.3830661" rel="nofollow - New student loan repayment rules announced during Ottawa's spring federal budget kick in today, meaning graduates don't have to start repayments until they earn at least $25,000 a year.

Under the old rules, single people had to start paying back Canada Student Loans once they earned $20,210 a year. 

For families of five or more people, the cut-off is now $67,825.


http://www.cbc.ca/news/business/student-loans-new-rules-1.3830661" rel="nofollow - http://www.cbc.ca/news/business/student-loans-new-rules-1.3830661



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