March 30, 2020

Starting March 30, 2020, BC student loan payments are automatically frozen for six months. To view the other ways the province is providing financial support in response to COVID-19, click here.

Also effective on March 30, the federal government will place a six-month interest-free moratorium on the repayment of Canada Student Loans for all student loan borrowers. No payment will be required and interest will not accrue during this time. Students do not need to apply for the repayment pause.

Learn more about the moratorium on the repayment here.