#nslsc

'what was your household income in December?'

I mean it was a banner month because holiday pay and double time, *writes out amount, before taxes, as asked*

Damn, most of that shit went to taxes, eh?

~weeks pass~

'here is your new repayment amount per month: $570'

... I couldn't afford $340, how in the fuck am I gonna afford $230 more?

*call the government student loan people*

I think my repayment calculation messed up.

Service clerk: yeah, appears like it. I'm gonna just cancel this one, I can't get the $570 that was taken back for you though. Sorry about that. Can you make the lower payment next month?

Well, I'm gonna have to, aren't I?

Service clerk: I'd apply again when your household income levels back out to normal.

Will do, thank you.

*looks at remaining loan repayment period*

If anyone got laid off, don’t forget to apply for RAP or defer payments so you won’t get penalized for missing one for non-sufficient funds.

When you're ready to invest in your future via postsecondary education through nslsc student loan, the National Student Loans Service Centre (NSLSC) is here to help you. The Government of Canada, along with the Provincial and Territorial governments, provides financial support to numerous students nationwide. The NSLSC manages and guides you through this financial assistance process, starting from your application for funding until you've paid it all off. You’ll first get to know about it, once you’re approved for funding. Who is the National Student Loans Service Centre (NSLSC)?Stage 1: In Study Stage 2: Non-Repayment Stage 3: Repayment Read our more articles

Who is the National Student Loans Service Centre (NSLSC)?

Your application goes through your province or territory before NSLSC enter the picture. They will be there through all three stages of the student loan lifecycle, providing services, tips, and tools to help you manage your loan.

Are you in favour of forgiving student loans? Joe Biden is trying to do just that in the USA. That means Justin Trudeau won’t be far behind if Biden gets his way, especially with federal elections looming (2024 for the US, 2025 in Canada). Is this move a bid to win votes? The Advantages of Forgiving Student Loans The advantages are somewhat obvious, especially to those eligible for the program.…