Need answer for question ASAP
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=5304
Printed Date: 26/March/2026 at 10:42pm
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com
Topic: Need answer for question ASAP
Posted By: farism9
Subject: Need answer for question ASAP
Date Posted: 30/April/2009 at 7:59am
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Hello everyone,
I have received an application for debt reduction 3 months ago. I wanted to send it yesterday and I had some questions for the NSLC, so I called them. To my surprise, they told me I was not eligible for the application since I have been out of school for less than 5 years. I told them that I used up all my interest relief months, and I have no choice. They said that it is a main criteria that I have to be out of school for more than 5 years. Is that true? Is there no way around thsi?
Also, another critical question, I may be able to manage to receive a loan (with less interest rate than the OSAP loan). If so, I will be able to pay off my OSAP loan ALL at ONCE. I have heard of arrangements being made where one can reduce their loan just becuase of the fact they are paying it all at once. Please advise if this is possible
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Replies:
Posted By: farism9
Date Posted: 07/May/2009 at 4:48am
ANY answers? Anyone? 
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Posted By: SolveStudentDebt
Date Posted: 11/May/2009 at 2:50am
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I answered this for you in another forum somewhere. Please check it out. ------------- Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting. http://www.solvestudentdebt.com" rel="nofollow - solvestudentdebt.com |