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Keeping Prior Loans In Good Standing

It is your responsibility as a borrower to keep your student loans in good standing. Failure to do so will jeopardize your eligibility for further assistance and adversely impact your credit rating.

Changes in the administration of both the Canada and Newfoundland and Labrador Student Loans Programs in recent years have resulted in some students having student loans with more than one lender. It is important to know where all your loans are held and keep in contact with the administrators of each loan to update them on your status as a student.

Confirmation of Enrolment Form (Schedule 2)

A Confirmation of Enrolment form is required if you are enrolled in full-time studies but are no longer receiving student loans. Once you and a representative from your educational institution complete the form, you must forward the form to the NSLSC and any other financial institution holding any of your government-subsidized loans.

Ensure you follow up with the lender(s) to confirm receipt of the Confirmation of Enrolment form. It is a very important document that will allow your loans to remain in interest-free status while you are in full-time studies.

Note: To remain in interest-free status for a semester, this form must be received at the NSLSC prior to the period of study end date.

The CanLearn website (www.canlearn.ca ) has the Confirmation of Enrolment Form available in a PDF file (link provided below).

• Confirmation of Enrolment Form (Schedule 2) PDF
• Integrated Loans and Loans Prior to August 1, 2000

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