Consolidated Student Loan Agreement

A document mailed to you, 6-8 weeks before the end of your grace period, by the National Student Loan Service Centre which outlines;

• Your total loan amount
• Your interest rate
• Your repayment term (how long it will take you to repay your loan)
• Your monthly payment
• Your first payment date

Your first payment will be due on the last day of the month marking your “Consolidation Date”

• Example: Mike’s Consolidation Date is November 1; his first payment is due November 30.