How do I keep my past student loan from going into repayment? 🔹 How do I stop my old student loan from making me pay while I’m still in school?🔹 Will my student loan go into repayment if I don’t apply for funding this year?

Summary

Learn how to keep your previous student loans from entering repayment while you're still in school, whether or not you're applying for new loan funding this term.

Body

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.

Details

Details

Article ID: 1324
Created
Wed 7/2/25 2:27 PM
Modified
Wed 7/23/25 9:16 AM