Maintaining You Canada Student Loan As a part-time student, you may be eligible to borrow a cumulative amount of $4,000 (principal and interest) over the period of your studies in total Canada Student Loans.

Part-time loans are not subsidized, and you have to make interest payments while you are in school. If your gross family income is below a certain level while you are in school, however, you may qualify for Interest Relief (see Loan Repayment Help).

If you are continuing your part-time studies but not receiving additional Canada Student Loans, you need to ensure that your financial institutions and/or NSLSC are informed of your in-study status. To do this, you will need to pick up a Confirmation of Enrolment form (Schedule 2) from the NSLSC or from your educational institution, have it properly completed, and provide it to your financial institution and/or NSLSC.

If you are receiving a new Canada Student Loan, your Certificate of Eligibility (Schedule 1A) acts as your confirmation of enrolment.