News

COVID-19 update #12

Mar 26, 2020

At Coast Mountain College we continue to monitor the COVID-19 situation very closely. We continue to be guided by the Provincial Health Officer and are working with the Ministry of Advanced Education, Skills and Training. The health of our college community, students and employees remains our top priority. 

Student loan relief announced 

The federal and provincial governments have announced student loan payment relief for the next six months.

BC Student Loans

On March 25, 2020, BC’s Premier John Horgan announced that Starting March 30, 2020, BC student loan payments are automatically frozen for six months. 

For more information visit:
www2.gov.bc.ca/gov/content/employment-business/covid-19-financial-supports

Canada Student Loans

Effective March 30, the federal government is placing a six-month interest-free moratorium on the repayment of Canada Student Loans for all student loan borrowers. No payment will be required and interest will not accrue during this time. Students do not need to apply for the repayment pause.

For more information visit:
www.canada.ca/en/department-finance/economic-response-plan/covid19-individuals.html#canada_student_loans

Further information

Media contact

Sarah Zimmerman, APR
Executive Director, Communications
Cell: 250-641-2206
szimmerman@coastmountaincollege.ca