Collection of Old - Stats Barred - Loans - Letter from Newfoundland Student Aid

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Letter from Newfoundland Student Aid

Printed From: CanadaStudentDebt.ca
Category: Immediate Attention and Info!
Forum Name: Collection of Old - Stats Barred - Loans
Forum Description: Post questions about old loans and Statute of Limitations Issues
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=7264
Printed Date: 27/March/2026 at 3:45am
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Topic: Letter from Newfoundland Student Aid

Posted By: Bradclarkej
Subject: Letter from Newfoundland Student Aid
Date Posted: 24/June/2017 at 3:30pm

My loan defaulted in 2009. Had 22,000$ in Federal and 8000$ in provincial. I received a letter on June 13th from NL student aid stating that my loan has defaulted and they require payment. The statute of limitations on student loans is 6 years. I have made payments on the federal portion recently but not the provincial portion ever. Am I safe in ignoring this letter? Section 19.1 in the following link states the limitation period is 6 years. http://laws-lois.justice.gc.ca/eng/acts/S-23/FullText.html" rel="nofollow - http://laws-lois.justice.gc.ca/eng/acts/S-23/FullText.html

Replies:

Posted By: Royal-NCO
Date Posted: 27/June/2017 at 10:40am

Why did you default? What is your income situation now?