COVID-19 Pandemic | Alberta Student Aid Supports

The Government of Alberta is committed to providing financial relief during the pandemic. No Albertan should be worried about their student loan repayment obligations during this time.

This webpage will be updated as more information is available. Check back often for updates.
Learn more about post-secondary supports for students during COVID-19 on alberta.ca.

Repayment Pause for Alberta Student Loans

All student loan repayments are deferred from March 30 until September 30, 2020. No payment will be required and interest will not accrue during this time. You do not need to apply for the repayment pause. This applies to student loan borrowers in good standing and those in collections. These changes mirror the approach of the Canada Student Loans Program.

If you want to make payments during this time, you can do so through your online banking. Any payments you make will go towards your loan balance, and interest will continue to be waived until September 30, 2020.

If you have questions, read through the information below.

If you have further questions, call the Alberta Student Aid Service Centre. Please note we are currently receiving high call volumes, and callers may experience longer than average wait times.

Currently making payments/In grace period

  • If you are making pre-authorized debit payments, payments will not be withdrawn from your account.
  • If you are making payments through online banking or cheque, you are not required to send in payments due during this period. If you set up automatic bill payments, remember to cancel them.
  • This payment deferral applies to student loan borrowers in good standing and those in collections.
  • If your six-month grace period ends before September 30, 2020, your payments would be paused and no interest would accrue until September 30, 2020.

Planning to apply for student loans

There is no change to the application process. If you want to apply for student aid, login at studentaid.alberta.ca. Check with your school to make sure they are still offering the program you plan to take.

Canada Student Loans

The Canada Student Loans Program is offering the same repayment and interest pause for Canada student loans.

For more information on your Canada student loan, sign-on to your National Student Loans Service Centre account.