Maintaining interest-free status for federal student loans
The Government of Canada has suspended the accumulation of interest on Canada student loans until March 31, 2023.
Students don't need to confirm enrolment to maintain interest free status. Note: this doesn't apply to students who wish to postpone repayment.
Additionally, students don't need to submit a request to remain interest-free for the spring/summer months if they intend to return to their studies in the fall. The National Student Loans Service Centre (NSLSC) automatically grants every student a six-month grace period upon the completion of their studies. Log in to your NSLSC account to review the latest information on your repayment terms. If you want to make further changes, you can customize your payment terms anytime.
Your money
Fee payment delays during closure
Online payments made Dec. 21, 2022 to Jan. 2, 2023 won't be processed to student accounts until the first week in January 2023. Make sure your payment is initiated with enough processing time before UCalgary closes.
Get smart about money
Want to learn how to make a budget, save money, or manage your debt?
Enrol in a winter tuition payment plan
UCalgary offers self-service payment plans for all students. Your tuition and general fees can now be paid in installments over the term.
Funding your education
You'll likely use a variety of sources to cover the costs of attending university. This might include awards, scholarships, bursaries, RESPs, money from your family, a part-time job or student loans.
Undergraduate Awards — Financing Your Education
Awards can reduce the cost of your education, lightening the financial burden of student loans and tuition, but they can also be so much more. It’s recognition; it's also a relief and joy. In this video, you’ll see how awards impacted UCalgary students Grace Webber, Angela Situ and Marcus Gee.
Wondering how much your degree will cost? Create a customized estimate with our online cost estimator.