r/osap•
Kebab9323

PHASE 2 repayment

Question

I am just posting this for awareness so that no one else ends up starting Law school, only to find out two weeks in that they don’t qualify for student loans.

I received notification that I was on a restricted list, which came as a surprise because I’ve been on top of payments.. I called NSLSC today and learned that apparently, and I’m sure this was written somewhere and I ignored it, if you use 60 months of repayment assistance - you enter phase 2 of loan repayment. What that means is that you cannot secure any additional loans until your existing loan is paid in full.

Maybe most of you know this, but even if I can help one person avoid this mess I’ll be happy lol

Posted Sep 14, 2026, 8:01 PM UTC

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