Med Students | Student Loan Interest Relief
The Student Loan Interest Relief is a new program allowing medical students who have their residency training in Ontario to defer their OSAP (Both Provincial and Federal Loan) interests and principle repayment until the end of residency.
Students who have OSAP and are matched to MOH-funded residency programs automatically qualify. The only requirement is you have to practise in Ontario for at least 5 years after graduation from residency.
We advise you contact OMA to check the current status of the SLIR program.