Student Loan Corporation of Newfoundland and Labrador
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.
- Former students of a post-secondary institution that have a defaulted Provincial student loan.
- Government of Newfoundland and Labrador
Department of Advanced Education, Skills and Labour
P.O. Box 8700
Toll Free: 1-877-520-8800