Taking A Student Loan: Is It Permissible?
Dear scholars, As-Salamu `alaykum. I am a high school student in Ontario and graduating this year, in sha' Allah. I would like to go to university but the costs are too high so that I have to take an OSAP loan. If I pay back the OSAP loan within 6 months after my graduation, I do not have to pay any interest on that loan. However, interest charges will be added on after six months from graduation if I do not pay them back in time. I do not see any way to pay back the OSAP loan within 6 months after graduation. What should I do now? Jazakum Allah khayran.
