Educators / Counsellors

Can't Pay? Try Interest Relief

The Alberta government has an Interest Relief Program for students who have difficulty repaying their Alberta Students Loans. During an approved interest relief period:

  • you are not required to make any student loan payments
  • your loan is in interest-free status

Read the information sheet pdficon_small.gif to find out about eligibility requirements and how to apply for interest relief.

Interest relief calculator

Use this calculator to determine the maximum monthly income you are allowed for Interest Relief:



Interest Relief Calculator
Total combined monthly loan payment: $
Number of people in family unit:
(enter 1 for single debtor): 
Enter your information above and click "Calculate".

Click here to view the Interest Relief Chart pdficon_small.gif

 

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