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Loan Remission Program

The purpose of the Loan Remission Program is to forgive 15 per cent of the student loan debt of any person who completed his or her studies within the prescribed period and who has received a bursary under the Loans and Bursaries Program for every year of study.

The prescribed period is usually 27 months of study for a technical training program at the college level, 24 months for an undergraduate university program spread over a 3-year period and 32 months for an undergraduate program spread over a 4-year period. At the graduate level, the prescribed period is 16 months for a master’s without a thesis and 20 months for a master’s with a thesis. The prescribed period for a doctorate is 32 months. However, the duration of some programs may vary. For details, see the personnel of the financial assistance office at your educational institution.

Eligibility requirements

To be eligible for the program, you must:

  • have completed a program leading to an undergraduate degree within the prescribed period. A loan remission may also be granted for previous college studies provided they meet the eligibility requirements

    or

  • have completed a college-level technical training program leading to a Diploma of College Studies (DCS) within the prescribed period

    and

  • have received a bursary under the Loans and Bursaries Program every award year while studying in that program

If you meet these requirements and you wish to benefit from the Loan Remission Program, you must send the Loan Remission Application (PDF 123 ko) form, duly completed, to the following address:

Programme de remise de dette
Aide financière aux études
Ministère de l'Enseignement supérieur, de la Recherche, de la Science et de la Technologie
1035, rue De La Chevrotière
Québec (Québec) G1R 5A5

Administrative details
  • The amount awarded is equal to 15 per cent of the student loans contracted during the program of study for which this application is made.
  • You must meet the requirements for the degree or diploma at the level of education for which you is applying for a loan remission. Students who previously started another program and then withdrew are not excluded from the Loan Remission Program. Only those months of study during which you were enrolled full-time will be considered in determining whether you completed your program within the prescribed period. These months of study do not have to be consecutive.
  • The loan remission will be forwarded to your lending institution so that it may deduct the amount from your student loan debt or pay the balance out to you.
  • The loan remission is taxable. A tax slip will be issued to you.
  • The loan remission may not be applied against computer loans contracted under the Computer Loan Guarantee Program.
  • You must submit the loan remission application within three years of completing your studies.
Additional information

For more information, contact the financial assistance office of your educational institution. You can also contact our client services: dial 418‑643‑3750 (Québec City), 514‑864‑3557 (Montréal) or 1‑877‑643‑3750 (toll-free in Canada and the United States).


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