Canadian Financial Aid

Financial Aid Deferment Eligibility Notice

Have you received a letter saying that you are starting loan repayment, or are you already making payments on loans from a previous institution? 

You may be eligible for a deferment once you matriculate into the MD program at Saba University School of Medicine (SUSOM).

A deferment may allow eligible students to postpone payments on prior student loans while attending SUSOM as a full-time student. You are generally not required to make payments on eligible loans while enrolled full time, even if you are not receiving student financial assistance. However, to prevent your loans from entering repayment, your school must confirm your enrolment.

Please contact the Financial Aid Office directly for information about the next steps or to determine your eligibility for deferment at canaid@saba.edu.

The institution reserves the right to modify or revoke a deferment if eligibility requirements are no longer met.

Canadian Lines of Credit

Numerous banks provide student lines of credit to supplement or substitute for the provincial loan alternative. In Canada, some of these banks include CIBC, RBC, TD and BMO, among others.

BanksStudent Lines of CreditContact Phone Numbers
Medical or Dental Student Line of Credit+1 (877) 225-5266
Professional Edge® Student Program+1 (866) 525-8622
Medical/Dental Student Line of Credit+1 (833) 395-8118
Scotia Professional® Student Plan Line of Credit+1 (888) 222-3918
TD Medical, Dental & Veterinary Student Line of Credit+1 (855) 882-6918

*T&Cs apply.
**Updated June 2026. Eligibility criteria and rates are subject to change.

Financial Aid Contact Information for Canadian Students

Address:
Office of Financial Aid
Saba University School of Medicine
c/o R3 Education, Inc.
Suite 301
27 Jackson Road
Devens, MA 01434


Email: canaid@saba.edu
Phone: 978-862-9600, option 4

Last reviewed and updated: July 21, 2026.