Government of Prince Edward Island - Department of Workforce and Advanced Learning

Provides an opportunity for Island students who are completing their medical residency to apply for interest relief on their PEI student loans until the residency program is complete. The federal portion of student loans is not eligible for the repayment relief plan.

Provides former students who have defaulted on their PEI provincial student loans with an opportunity to bring their account back into good standing by providing a six-month payment schedule. The benefits of registering and successfully completing the rehabilitation plan include:

• Interest free status
• De-registration from the Canada Revenue Agency's Refund Set-Off Program
• Eligible to apply for further PEI student financial assistance (assuming the federal portion of the student loan is in good standing)
• Eligible to apply for the Payment (Interest) Relief Program
• Improved personal credit rating

Provides eligible applicants with financial relief by cancelling their PEI provincial student loan debt if they have a severe permanent disability that prevents them from participating in post-secondary studies and the labour force for the remainder of their life.

Offers people who feel their student loan application was not properly assessed according to financial need the chance to appeal the decision. Only appealable expenses will be considered and fall into three general categories:

• Student contribution appeal: You must show that you were unable to save the expected amount from your pre-study work period.
• Parental contribution appeal: Your parent(s) must show they are unable to contribute the expected amount towards your education because of reasons beyond their control.
• Single parent/spousal contribution appeal: Ongoing monthly expenses (e.g. mortgages, loans or utilities) may be considered for married or common-law students.

Non-appealable expenses include things like basic living costs, travel, tuition, books, fees OR if your student costs and educational expenses exceed the maximum loan funding available to all PEI students.

Students can apply for financial assistance to help pay for eligible costs associated with post-secondary education. By filling out the PEI Student Financial Assistance application, students will be assessed for eligibility for provincial and federal loans.

Detailed information about how applications are assessed and the total amount that can be borrowed is available on the website.

Injured workers or employers who are not satisfied with a decision made by the Workers Compensation Board can ask for their appeal to be heard by the Workers Compensation Board Appeal Tribunal.

Note: Members of the Tribunal are independent of the WCB and government.