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Student Loan Forgiveness Canada 2024

Student Loan Forgiveness in Canada: What You Need to Know for 2024

Updated by Enoch Omololu MSc Econ

Effective November 2023

The Government of Canada has increased the maximum amount forgivable by 50%. This means that eligible doctors can receive up to $60,000 and eligible.

Student Loan Tax Receipts and Annual Statements

If you paid interest on your student loan in 2023, your Tax Receipt and annual statement will be available in your secure inbox as of January 12th, 2024.

Student Grants and Loans

For the 2023 to 2024 school year, the Government has increased the maximum amount of student grants by 40 percent from pre-pandemic levels and the loan amount that a borrower.


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