Resident Loan Interest Relief Program
Eligibility Criteria
- To be eligible under the RLIRP, you must satisfy the following requirements:
- Be a registered Ontario medical resident;
- have outstanding Canadian government student loans (i.e., student loans from the government of Canada, the province of Ontario or another province/territory);
- have signed and returned to the RLIRP Application Centre the Return of Service Agreement (ROS)*with the Ministry of Health (MOH) under which you agree to provide Ontario with five years of physician services within three months of completion of medical residency; and
have been approved by the Ministry of Training, Colleges and Universities (MCTU) for a Medical Resident Loan (MRL), have signed the required Medical Resident Loan Agreement and have returned it to the RLIRP Administrator.
(*Note: Failure to fulfill the ROS Agreement will result in the MOH seeking immediate recovery of all loan interest paid by the MOH on your behalf during medical residency.)
- To be eligible for a MRL, in addition to being an Ontario Medical Resident and signing the ROS Agreement, you must:
- Be in compliance with the repayment requirements for the outstanding Canadian government student loans and have maintained the loans in good standing;
- have not been determined by MCU, the government of Canada or any other provincial/territorial government to be in arrears or default of a student loan or any other amount owed to the Crown in respect of the relevant jurisdiction; and
- have not been found to be ineligible for an Ontario Student Loan under Ontario Regulation 268/01 made under the MTCU Act.
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