Any an excellent Canadian bodies education loan is eligible to the program

Any an excellent Canadian bodies education loan is eligible to the program

General

According to the system, new Ministry away from Wellness (MOH), provides users with rest from to make monthly premiums (attention and you may prominent) on the Canadian regulators college loans (provincial and you will government) during their property several months.

  • End up being joined to the Ontario Doctor Recruiting Secretariat due to the fact a keen productive Ontario medical citizen and offer evidence of your residency. For people who initiate Ontario medical abode inside the July or try a keen existing Ontario medical citizen, install a duplicate of one’s Registration Certificate on the RLIRP application;
  • Features Canadian government education loan(s), i.e. provincial, territorial and you will/or federal;
  • Not restricted regarding acquiring financial assistance under the Ontario Scholar Recommendations Program;
  • Get into an effective sitting on all your valuable Canadian regulators student loans (not within the arrears).

Players need certainly to indication and you may submit income out of Solution Arrangement under that they agree to render Ontario that have five years out-of medical practitioner qualities contained in this three months pursuing the end out of scientific abode.

People might also want to signal a health Resident Mortgage Agreement and this authorizes Ontario to matter a health Resident Financing inside their identity and therefore will pay out all of their regulators college loans.

Sure, owners will pay right back the new outstanding dominant any time instead penalty. However, people are nevertheless needed to come back provider inside Ontario getting 5 years.

If a citizen gets in a beneficial fellowship program on completion of its residence, is the citizen however entitled to the latest RLIRP ?

Today, fellowship programs aren’t covered by the program. Fellows must imagine obligations to possess costs (principal and you may interest) on the bodies fund up on commencement of their fellowship. Continue reading « Any an excellent Canadian bodies education loan is eligible to the program »