Repayment Assisstance Plan (RAP) Issues - Interest Relief Application ?

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Interest Relief Application ?

Printed From: CanadaStudentDebt.ca
Category: Government Program Problems
Forum Name: Repayment Assisstance Plan (RAP) Issues
Forum Description: Rules, regulations and problems (Formerly Interest Relief and Debt Reduction)
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=4112
Printed Date: 26/March/2026 at 10:42pm
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com

Topic: Interest Relief Application ?

Posted By: cinnamongrl
Subject: Interest Relief Application ?
Date Posted: 27/February/2007 at 7:46am

I fell below the income cutoff for interest relief in February, and now have the application forms in hand. When I called for the forms, I was told that since my loans were current (January paid, nothing past due) that my January income would not be considered on the application. Today I spoke with a second person, who informed me I must provide income for the 3 month period of January, February and March. This is problematic for me because:

-I worked throughout the holidays (Christmas and New Year's) and made statutory holiday pay that was paid in the month of January

-I am paid on a bi-weekly basis, and twice yearly get three pay periods in a month. March happens to be one of those months :(

Neither of these months offer a realistic picture of my actual income and I fear I will be rejected for interest relief based on their amounts, when in fact my February income is more representative. Any insight or advice appreciated. How 'little' information can I provide when my loans are in good standing?