To avoid your previous student loans going into repayment while you're still in school, the steps depend on whether or not you're applying for new loan funding this term.
✅ If You Are Applying for Student Loan Funding
- You’re all set!
- Your past loans will automatically stay in non-repayment status as long as your new loan application is approved and processed.
📝 If You Are Not Applying for Student Loan Funding
- You must let your loan provider know that you’re still a full-time student.
- Contact Student Accounts at Acadia to help confirm your enrollment:
📘 Helpful Definitions
- Repayment: When you start paying back your student loan.
- Non-repayment status: A period when you don’t have to make payments on your loan, usually because you’re still in school full-time.
- Student Accounts: The office at Acadia that manages tuition, fees, and enrollment confirmations for loan purposes.
🔗 Suggested Links
📝 Special Notes
- If you’re unsure whether your loan is in repayment, check your account with your loan provider (e.g., NSLSC).
- Always keep a copy of your enrollment confirmation for your records.