Continuing education is a great investment
At Alberta Business & Education Services, we provide advice on how to repay your student loans and other related finances in Edmonton, Lethbridge and Calgary.
Pre-Authorized Payment Plan
For individuals who had their Alberta or Canada student loan deposited directly into your bank account, a pre-authorized payment plan simply involves scheduling payments so that the repayment will automatically be withdrawn from that same bank account.
Letters are usually sent to you to explain the process before the plan takes effect.
Online or Telephone Banking
Need Repayment Assistance? Student Aid Alberta Can Help
For individuals dealing with student loans through Student Aid Alberta Service Centre or the National Student Loans Service Centre, repayment assistance is available. ABES understands that in Lethbridge, Edmonton and Calgary continuing education may mean taking out student loans which in turn can be difficult to pay off. Through repayment assistance, Student Aid Alberta can help you get on top of your payments and stick with them. For example, repayment assistance may take the form of changing your payment schedule to align with the days you receive your paycheque or increasing the amount you pay per month in order to pay off your student loans faster. Another change you might consider making to your payment terms is lowering your monthly payments should you find yourself struggling to meet the original requirement. Learn more about repayment assistance through Student Aid Alberta.