You could qualify for the Deferred Payment Plan if:
- You are experiencing financial difficulties* as defined in sections 74 and 74.1 of the Regulation respecting financial assistance for education expenses
- You interrupted or completed your studies more than six months ago (end of the six-month option)
- You need to repay an amount received as a loan from a financial institution that is recognized by the Ministry under the Loans and Bursaries Program or the Loans Program for Part-Time Studies
- You have not already benefitted from the Plan for more than 60 months in your lifetime
- You have not reached the end of the 120-month period that follows the six-month option
- You have not sought protection under the Bankruptcy and Insolvency Act
- You have not become ineligible for the Plan subsequent to a check on your reported income
- You did not register for voluntary deposit per the Code of Civil Procedure
- You have made all required payments during the period covered by an earlier application to the Plan.
*In order to qualify for this program, you will need to provide proof of income. Your information will be verified.