The Grace Period is the first six months after your Study Period End Date. During this period, you are not required to make payments. However, interest may begin to accrue on the principal amount of your outstanding loan balance.
At the end of the six-month grace period, you will be required to start making regular loan payments. The National Student Loan Service Centre will notify you before your loan enters repayment. It is important to keep your contact information up-to-date.
Your loan payments will start to be automatically withdrawn after the six-month non-repayment period from the same financial institution account where your loans were deposited (if you had arranged for direct deposit).