Lower interest for NS student loans

February 3, 2008

Nova Scotia's college and university students stand to save hundreds in interest on student loans, thanks to a direct-lending initiative introduced by the province.  2% will be shaved off the previous interest rate.  As a result, Nova Scotia will have one of the lowest student-loan rates in Canada.  Students enrolled in school or who began paying off student loans after October 31, 2007 will be the first to benefit from the program.