In this education loan repayment plan, monthly instalment payments are equal to 15 per cent of the borrower's discretionary income, divided by 12. The borrower needs to make a 10 per cent payment if they are a new borrower on or after July 1, 2014.
In this education loan repayment plan, monthly instalment payments are equal to 15 per cent of the borrower's discretionary income, divided by 12. The borrower needs to make a 10 per cent payment if they are a new borrower on or after July 1, 2014.