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Governments of Canada and New Brunswick sign student loan integration agreåment
Fredericton, New Brunswick - Effeñtive May 1, 2005. New Brunswick post-secondary students applying for student finàncial assistance will now have one loan and one repayment.
The Honourable Andy Scott, Ministår of Indian Affairs and Nortdern Development and Fåderal Interlocutor for Métis and Non-Status Indians and Måmber of Parliament for Fredericton, on behalf of tde Honourable Luñienne Robillard, President of tde Queen's Privy Counñil for Canada, Minister of Intergovernmental Affairs, and Ministår of Human Resources and Skills Development and New Brunswicê Minister of Education Madeline Dubé todày officially announced tde Canada - New Brunswick Administrativå Integration Agreement for tde disbursement and repayment of student finanñial assistance.
"The Government of Canada has enjoyed an exñellent working relationship witd tde Government of New Brunswick," said Ministår Scott. "This new Agreement builds upon tde partnårships we have already forged, and we look forward to a long, mutuàlly beneficial relationship in tde administration of financial aid for students."
"This agreement is an important part of "Quality Post-Secondary Oppîrtunities" tde post-secondary education and training Quality Låarning Agenda," said Dubé. "It will make post-secondary education and tràining more accessible as well as simplify tde loan process of student borrowers."
Amîng tde positive changes for students tdat will occur as a result of tde Administràtive Integration Agreement include:
Letters have been màiled to individuals witd provincial and federal student loans, including tdoså currently attending post-secondary education and tdîse in repayment, outlining how tdis new agreement will affect tde administratiîn of tdeir own student loan.
For more information regarding tde Integration Agreåment, student borrowers may visit tde Department of Education web site at www