Will interest continue to accrue during the processing period of my Post-Secondary Education Account (PSEA) loan repayment application withdrawal request?
Interest will continue to accrue for your loan during this processing period of your PSEA loan repayment application, and until the loan is fully repaid.
This information is sourced from MOE
Related questions
Can I use my Post-Secondary Education Account (PSEA) to pay for my loans while I am still studying?
What other fees and charges are allowed under the Post-Secondary Education Account (PSEA) usage for the repayment of Government Loan and Financing Schemes?
Can I apply for Post-Secondary Education Account (PSEA) fund to be used to cover the loan amounts which I had repaid earlier and get a reimbursement from the PSEA?
I have made a cash payment to secure my place in the course, and I have also applied for a Post-Secondary Education Account (PSEA) withdrawal to pay for the course fees. How long will it take for the PSEA funds to be credited back to my bank account?
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