Repay your student loans

Your student loan is a debt you owe for your education, and you should treat your loan as you would any other kind of debt - for example, a loan used to buy a car or a house. As with any debt, you are responsible for repaying your loan - in full - even if you did not:

  • complete school
  • cannot find a job in your field of study, or
  • feel you did not receive the educational or other services you purchased.

Terms of repayment

While all student loans must be repaid, each type has its own unique repayment terms: