When Do I Begin Repaying my OSAP Loan?

Created by Juli Vlaminck, Modified on Tue, 7 Jul at 3:19 PM by Juli Vlaminck

While you are in school, the interest on your student loans is paid by the provincial and federal governments.

You are responsible to start repaying your loan six months after completing your studies or when you are no longer a full-time postsecondary student. The interest on your student loan begins to accrue from the time you stop being a full-time postsecondary student.

You will be contacted by the National Student Loans Service Centre shortly before you are scheduled to begin repayment with details on your monthly loan payments and repayment period.

  • National Student Loans Service Centre: 1-888-815-4514 or www.nslsc.ca

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