Interest-Free Status and Continuation of Interest-Free Status (CIFS)
Students who previously received government student loans from their home province and are currently registered as full-time students or will be returning to full-time studies at U of T, may have their loans put in ‘interest-free status.’
Alberta and Quebec students who previously received government student loans from their home province and are presently registered as part-time students, may request interest-free status for their previous part time loans.
Medical Residency Students and Interest-Free Status: Students completing their medical residency must contact their home province to determine eligibility for interest-free status for their previous loans. If eligible for interest-free status, the home province will state the process required to be initiated by the student. Any required confirmations of registration to obtain interest-free status must be submitted by the student to their faculty/department at the University of Toronto.
How to Request Interest-Free Status
Students who are not receiving government student financial aid, but have returned to full-time studies must request to have their full-time studies status reported so any previous loans do not enter repayment. The table below describes the process to request interest-free status. This must be completed by the student within the deadlines listed here.
All students with a paper form for Continuation of Interest-Free Status must upload the appropriate documentation via the Out of Province Request Portal.
|Province or territory||Federal||Provincial|
|Alberta||NSLSC online||Form B paper form|
|British Columbia||NSLSC online||NSLSC online|
|Manitoba||NSLSC online||Confirmation of Return to School Form (PDF)|
|New Brunswick||NSLSC online||NSLSC online|
|Newfoundland and Labrador||NSLSC online||NSLSC online|
|Nova Scotia||NSLSC online||NSLSC online|
|Prince Edward Island||NSLSC online||Confirmation of Enrolment Form|
|Quebec||N/A||Form 2006 Paper – Full Time|
|Saskatchewan||NSLSC online||NSLSC online|
When to Request Interest Free Status
The deadline to submit a request for the University Registrar’s Office to complete a form or online application for your request for interest-free status is 30 days before the end of your full-time study period.
Alberta Part-Time students only: The deadline to submit a request to complete a Form B for interest-free status is 30 days before the end of your part time study period.