When you yourself have a great Canada Education loan, half a year after you avoid being a student, you must begin investing they straight back (so that your earliest payment was at the end of the fresh seventh week immediately after leaving college or university). You won’t have to make a fees however, attract can begin building up during this period. (In certain provinces such as Alberta and Ontario, attract will not accrue to the provincial part of their loans into the six-week elegance months.) However, throwing money at the student education loans during this time period is actually an amazing means due to the fact costs is applied right to their principal.