Student Loan Corporation of Newfoundland and Labrador

Services

The corporation provides financial administration for the Newfoundland and Labrador Student Financial Assistance Program. Its lines of business include:

  • Portfolio Management:
    The corporation acts as the province's "banker" in providing student loans, and in the administration and oversight of financial activities for the program. Assessment for eligibility and qualification for a provincial student loan is performed by the Student Financial Assistance Services Division of the Department of Advanced Education, Skills and Labour, not the Student Loan Corporation.
  • Debt and Investment Services:
    The corporation manages the long-term debt-related activities of the corporation pertaining to the purchase of the loans program in 2004, and short-term investments of the corporation's annual cash flows.
  • Repayment Services:
    The corporation provides repayment services for the Province’s defaulted student loans.

Clients

  • Former students of a post-secondary institution that have a defaulted Provincial student loan.
  • Government of Newfoundland and Labrador

Contact

Scott Jones, Director of Portfolio Management

Department of Advanced Education, Skills and Labour

P.O. Box 8700
Telephone: 1-709-729-6465
Toll Free: 1-877-520-8800
Fax: 1-709-729-2091
 
Last Updated:
This page and all contents are copyright, Government of Newfoundland and Labrador, all rights reserved.