Repaying student loans | Manitoba Student Aid

What if I'm having trouble repaying my loans?

If you're having trouble repaying your loan, you can apply for repayment assistance. There are a few different ways we can help you. Have a look.

How does Manitoba Student Aid's Repayment Assistance Plan work?

If you're eligible for assistance, your monthly loan payments are calculated based on your family income and size. It's also possible that you may not have to make any loan payments until your income goes up.

The Repayment Assistance Plan allows you to repay your student loan within a maximum of 15 years (or 10 years if you have a permanent disability).

If you have a permanent disability, please see our Repayment Assistance for Borrowers with a Permanent Disability section.

There are two stages to the Repayment Assistance Plan

Stage 1: You've been on the plan less than five years.

  • You can be in Stage 1 for a total of 5 years during a 10 year period (starting from the last time you were a full-time student).
  • Your monthly payments will not go over 20% of your monthly income.
  • You're still eligible to apply for Manitoba Student Aid if you go back to school.

Stage 2: You've been on the Repayment Assistance Plan more than five years, you've been in repayment for 10 years or you are applying as a borrower with a permanent disability.

  • The Manitoba government will pay a portion of your loan amount.
  • Your monthly payments will not go over 20% of your monthly income.
  • You're ineligible to apply for Manitoba Student Aid if you go back to school, unless you have a permanent disability.

Am I eligible for the Repayment Assistance Plan?

To be eligible for our Repayment Assistance Plan, you must:

  • be living in Canada
  • be unable to afford your required monthly payment (as calculated by Manitoba Student Aid)
  • have your loan in good standing (payments up to date)
What options for repayment assistance do Borrowers with a Permanent Disability have?

If you owe on a student loan, you have a permanent disability and you are having difficulty repaying your loan, you may qualify for our:

  • Repayment Assistance Plan for Borrowers with a Permanent Disability
  • Permanent Disability Medical Forgiveness
How does the Repayment Assistance Plan for Borrowers with a Permanent Disability work?

If you apply and are accepted by the plan for borrowers with a permanent disability, you are automatically placed in Repayment Assistance Plan Stage 2, with the difference that you are still eligible to apply for Manitoba Student Aid if you choose to go back to school.

How do I apply for the Repayment Assistance Plan?

Complete the Repayment Assistance Application Form (Adobe PDF Document 72 KB) and submit it to Manitoba Student Aid in person, by mail or by fax to 204-948-1210.

Your Manitoba Student Aid Repayment Assistance Plan application is valid for six months at a time. You must submit a new application every six months if you continue having trouble repaying your loan.

Please note: Manitoba Student Aid repayment assistance is separate from the Canada Student Loan Repayment Assistance Plan. Please visit the Canada Student Loans website for more information.

How does Permanent Disability Loan Forgiveness work?

If you are a borrower with a severe permanent disability that prevents you from working and going to school, and if you will never be able to repay your loans, you may be eligible to have your loans forgiven.

For your Manitoba Student Loan to be forgiven, you must be approved by the Canada Student Loans Program first. Please call 1-888-726-6596 for more information.

Can I apply for tax credits?

You can claim a tax credit of 17% of the interest paid each year on your loans when you are in repayment. For more information, please visit Canada Revenue Agency.

Status Report | Manitoba Student Aid

Status Report

Manitoba Student Loan repayment will be suspended until September 30, 2020. See further information.

The Province of Manitoba is taking proactive measures to help manage and minimize the spread of the pandemic COVID-19.

In person service is not available at this time.

We are pleased to support you by phone toll free at 1-800-204-1685 or 204-945-6321. You may also send an email through our website, or check for status updates on your student aid through MYSAO.