Advanced Education, Skills and Labour

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
 
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