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Frequently Asked Questions

When will I be able to make payments on my deferment?

Borrowers will resume their regular payment schedule with the payment immediately preceding March 31, 2022, unless the borrower voluntarily continues to make payments while on deferment. It is important to note that the interest will continue to accrue on the outstanding balance of the loan throughout the duration of the deferment.

How do I pay back my tax deferment account?

You can repay all or part of your tax deferment account: You can make a pre-authorized debit (PAD) payment using eTaxBC. Most banks and financial institutions offer online bill payment services for their clients. To make a payment using your bank or financial institution’s online bill payment service, you need to know:

What is the deferred payment fee for the summer semester?

A $15.00 Deferred Payment Fee will be assessed on the last installment of the summer semester if you choose this billing option. The Minimum Payment displayed on the U-Bill is calculated by billing the appropriate portion of the total contracted charges, plus all miscellaneous charges you have incurred during the month.


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