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To support student and apprentice loan borrowers during the COVID-19 pandemic, the Government of Canada is putting the following measures in place from March 30 to September 30, 2020:
- Suspension of repayments of Canada Student Loans and Canada Apprentice Loans
- No payments are required on student and apprentice loans during this time
- Pre-authorized debits will be stopped
- No interest will accrue on student and apprentice loans
These measures will provide relief to nearly 1 million CSLP borrowers in repayment.
Go to the NSLSC website for more details.