The Canadian government will pay the interest on your Canada student loan while you are studying full-time. Basically to sum up this long post, if i start making payments for this $18,500 I'm saying yes you are right I owe you this amount but I know with everything in me that I have been doing what I was told and yet they want me to pay extra, do you think they will accept payment for $16,100 and say OK just pay us this amount and your done or are they going to keep on sucking blood from me and adding interest until it gets to X amount? So if they are not going to accept $16,100 then theres no point for me to may a cent because they are just doing what they feel is right when in reality its wrong. Federal student loans/canada student loans Federal student loans are interest-free, full-time student loans.
Canada revenue agency student loan plus#
Is there any way that they can realize that I followed all their steps that I was told over the phone from Canada student loan and realize that I owe them my borrowed amount not my borrowed amount plus interest. If I start making payments right now then I am admitting that they are right in charging me this amount so I don't want to pay them back. Yes I borrowed money from them and I am willing to give it back but not what I borrowed PLUS interest. In the event that my student loan is transferred to the Central Collection Services of Service New Brunswick from the National Student Loans Service Centre, I give consent to the Canada Revenue Agency to provide my most current address and telephone number to the Central Collection Services unit. I did what they told me to do and yet they still want money. My dad said he would help me pay but its totally unfair of them to charge me over two thousand dollars in interest for listening to them. Now CRA is sending me letters saying that I owe them $18,500 but I borrowed $16,100.
Then when I returned I called to re-apply for interest relief only to hear that my loan was sent to default. I recently moved back from the states and before I moved away from Canada to the states, I applied for interest relief and I was told that I was good until I came back which was 6 months. I have been receiving letters from Canada Revenue Agency notifying me that I owe them $18,500. 717 reviews from Canada Revenue Agency employees about Canada Revenue Agency culture, salaries, benefits, work-life balance, management, job security, and more.