Repayment Assistance Plan Calculator (Canada)
This Repayment Assistance Plan calculator for Canada estimates an affordable RAP student loan payment from your family income and family size.
What it does
The Repayment Assistance Plan Calculator estimates the affordable monthly payment on federal Canada Student Loans from your family income and family size, using the formula in the Canada Student Financial Assistance Regulations.
Data sources & parameters
The figures below drive this calculator. We keep them aligned with the latest official guidance, and each result recalculates automatically whenever a value changes.
| Parameter | Value | Source | Last updated |
|---|---|---|---|
| Canada Student Loans RAP: monthly gross family income at or below which the affordable payment is zero, by family size (7 means 7 or more). | Rate schedule | canada.ca | Effective 2025-08-01 |
| Canada Student Loans RAP: monthly income increment Z by family size (Schedule 1, Canada Student Financial Assistance Regulations; 7 means 7 or more). | Rate schedule | laws-lois.justice.gc.ca | Effective 2022-11-01 |
| Canada Student Loans RAP: maximum affordable payment as a share of monthly family income (formula 0.1A). | 0.1 | laws-lois.justice.gc.ca | Effective 2022-11-01 |
| Canada Student Loans RAP: multiplier on the sliding share in 1.5[((X-Y)/100Z)+0.01]. | 1.5 | laws-lois.justice.gc.ca | Effective 2022-11-01 |
| Canada Student Loans RAP: constant 0.01 added inside the sliding share in 1.5[((X-Y)/100Z)+0.01]. | 0.01 | laws-lois.justice.gc.ca | Effective 2022-11-01 |
We always strive to use the latest data for every variable so our results and reports are as accurate as possible. Even so, errors are possible — you should not rely on this tool or its report alone, and we accept no liability for any decision made based on it.
The formula
payment = 0 if X <= Y, otherwise X x min(0.1, 1.5 x ((X - Y) / (100 x Z) + 0.01)), with X monthly family income, Y the threshold and Z the monthly increment for the family size
How it works
It compares your monthly family income with the zero-payment threshold for your family size. At or below the threshold the payment is nil; above it, the payment is your monthly income times the lesser of 10% and 1.5 x [(income – threshold) / (100 x increment) + 0.01].
Where it is used
- Estimating a reduced student-loan payment before applying
- Checking whether your income qualifies for a zero payment
- Seeing how the payment grows as income rises above the threshold
Worked example
A single borrower with CA$60,000.00 of family income sits … a year above the zero-payment threshold, giving an affordable payment of about … a month.
Student loan payments are easier to plan when you know what the Repayment Assistance Plan would ask of you. Enter your gross annual family income and your family size, and the calculator shows the affordable monthly payment, the zero-payment threshold for your family size and the share of your income the payment represents.
How the calculator works
RAP follows section 19 of the Canada Student Financial Assistance Regulations. If your monthly family income is at or below the threshold for your family size, the payment is zero. Above it, the payment is your monthly family income times the lesser of two figures: 10%, and a sliding share that starts near 1.5% and climbs as your income moves further above the threshold. The increment in the formula also depends on family size.
A worked example
A single borrower with $60,000 of annual income has $5,000 a month, against a current monthly threshold of $3,866 for a family of one. The affordable payment works out to about $415.20 a month, or about $4,982 a year, 8.3% of monthly income. With income at or below about $46,392 a year, the payment would be zero.
Thresholds and indexing
The thresholds and increments come from stored parameters rather than from you. The thresholds are indexed each August 1, and the Government of Canada publishes the current table. If your province also holds part of your loan, its thresholds can differ.
About This Tool: Repayment Assistance Plan Calculator Canada
Repayment assistance plan calculator Canada: use this tool to get an instant estimate based on the figures you enter. Adjust the inputs above to match your situation, or browse all our calculators to plan your next step.
Frequently asked questions
What is the Repayment Assistance Plan?
Where does the zero-payment threshold come from?
How is the affordable payment calculated?
Does household size change the result?
Is this the exact payment I will be assigned?
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