WINNIPEG — The Manitoba government is suspending repayment of Manitoba Student Aid loans for six months to reduce the financial burden on post-secondary students during the COVID-19 (coronavirus) pandemic.
“During these uncertain times, Manitobans need to pull together to help each other,” said Premier Brian Pallister.
“While people, businesses and organizations across our province co-operate to try to flatten the curve on COVID-19 and reduce its spread, it’s important that our government also do its part to assist those carrying a heavier financial burden during this public health emergency. With this suspension of loan repayments, we are giving a helping hand to Manitobans who have invested in post-secondary education.”
All repayments under the Manitoba Student Aid Program were suspended as of April 1 through September 30. The suspension of repayments will defer the collection of up to $7 million for 2020-21.
Manitoba Student Aid loan disbursements, including tuition and grant payments, will continue to be made to students as scheduled while repayments are suspended.