Seniors Education Property Tax Deferral Program
A Saskatchewan Housing Corporation program that gives homeowners aged 65 or older with household income below $70,000 a repayable loan for the education property tax on their principal residence. The loan is secured by a mortgage on title and is paid to the homeowner, who still pays the full tax bill to the municipality.
We explain the official rules; we do not decide who qualifies. Eligibility is determined by Saskatchewan Housing Corporation (SHC). Check the official program page before you apply.
What the Seniors Education Property Tax Deferral Program is
The Seniors Education Property Tax Deferral Program "provides eligible applicants with a repayable loan for the education property taxes for their principal residence." It is run by the Saskatchewan Housing Corporation (SHC). It covers only the education portion of the property tax bill, not the municipal portion.
The program does not pay your municipality. SHC's Q&A says "SHC will advance loan proceeds directly to you," and "you will continue to be responsible for paying your property taxes in full and on time to your municipality."
Applicants are enrolled for 10 consecutive years and receive annual loan advances. The application form says advances may be "any amount determined by SHC up to but not greater than the amount of the education portion of the property taxes." SHC secures the loan by registering a mortgage on the property title. The loan must be repaid in full when you no longer meet the loan agreement conditions, for example when you no longer own the home or live in it as your principal residence. The brochure says you "can repay all or part of your loan at any time without penalty."
Amounts
As published by Saskatchewan Housing Corporation (SHC)
| Item | Amount or rule | Applies to | Source |
|---|---|---|---|
| Household income limit | total household income below $70,000 per year | current | 1 |
| Minimum home equity | 25 per cent | current | 1 |
| Annual loan advance | up to, but not greater than, the education portion of the property taxes for the property for that calendar year, as determined by SHC | application form dated April 2018 | 3 |
| Interest | "simple interest at a rate that reflects Government's current rate of borrowing"; SHC advises each year's rate in writing. No current rate is published on the program page. | Q&A dated April 2018 | 2 |
| Other charges | SHC's costs of administering the loan, "including but not limited to land title fees and mortgage registration fees," are added to the loan balance | Q&A dated April 2018 | 2 |
Official eligibility criteria
- Be 65 years old or older in the current calendar year.1
- Own and occupy their home as their principal residence in Saskatchewan.1
- Have a total household income below $70,000 per year.1
- Maintain a minimum of 25 per cent equity in their home.1
- Have no writs or liens on the title of their home.1
- Have or be able to get all-risk property insurance for their home.1
- Be in good standing (have no arrears, etc.) with Saskatchewan Housing Corporation and their municipality.1
- Live in the principal residence for at least six months of the calendar year (at least 183 out of 365 days).2
Quoted or closely paraphrased from the official program rules. Eligibility is determined by Saskatchewan Housing Corporation (SHC).
How to apply
Applications go to the Saskatchewan Housing Corporation, not to your municipality. The program page says to download the application form and, where needed, the Non Resident Borrower Form. Send the completed form and documents by email, by mail to SHC, 11th Floor, 1920 Broad Street, Regina SK S4P 3V6, or in person.
The form asks for a recent property tax notice showing no arrears, proof of all-risk insurance, and income tax returns and CRA notices of assessment for all occupants. All registered owners must sign the loan documents, including a mortgage in favour of SHC. Participants must send compliance documents to SHC each year.
SHC's April 2018 Q&A says it "must receive your application by December 15 to advance loan funds for the current calendar year's education property taxes." The program page does not state a deadline.
Eligibility is determined by the Saskatchewan Housing Corporation.
Key dates
- Application must be received to advance loan funds for that calendar year's education property taxes (per SHC Q&A dated April 2018)December 15
- Enrolment period10 consecutive years
Seniors Education Property Tax Deferral Program: common questions
Does the program pay my property tax to the municipality?
No. SHC's Q&A says it "will advance loan proceeds directly to you," and you remain responsible for paying your property taxes in full and on time to your municipality. Depending on when you apply, the loan funds may arrive before or after your taxes are due. The loan covers only the education portion of the tax, not the municipal portion. More on Saskatchewan property tax is in the Saskatchewan overview.
What interest rate does SHC charge?
SHC's Q&A (April 2018) says the loan carries "simple interest at a rate that reflects Government's current rate of borrowing" and that SHC will advise borrowers in writing of each year's rate. The saskatchewan.ca program page does not publish a current rate. SHC's administration costs, such as land title and mortgage registration fees, are added to the loan balance.
When does the loan have to be repaid?
SHC says the loan must be repaid in full when you no longer meet the loan agreement conditions, for example if you are no longer the owner or no longer live in the property as your principal residence. The brochure says you can repay all or part of the loan at any time without penalty. After 10 years in the program, the Q&A lists three options: reapply for more funds, reapply without new advances, or repay in full.
Can condominium owners use the program?
Yes. SHC's Q&A says "Education property taxes for condo units can be deferred through this program." The other conditions still apply, including age 65 or older in the current calendar year, household income below $70,000, at least 25 per cent equity, all-risk insurance, and no writs or liens on title.
Do I have to take a loan every year once enrolled?
No. Enrolment lasts 10 consecutive years, but the Q&A says "you are not obligated to receive loan advances on an annual basis." The brochure adds that you can opt out without having to repay your loan, as long as you continue to meet the program's eligibility requirements. You must still send SHC documents each year to confirm ongoing eligibility.
Sources
Checked a second time against these sources on October 28, 2026
- Seniors Education Property Tax Deferral Program, Government of Saskatchewan (saskatchewan.ca) / Saskatchewan Housing CorporationApplies to current (page live 2026-10-28; no update date shown) · checked October 28, 2026 · copy archived
- Seniors Education Property Tax Deferral Program – Q&A, Saskatchewan Housing CorporationApplies to document dated April 2018; still linked from the program page on 2026-10-28 · checked October 28, 2026 · copy archived
- Seniors Education Property Tax Deferral Program Application Form, Saskatchewan Housing CorporationApplies to form dated April 2018; current application form linked from the program page on 2026-10-28 · checked October 28, 2026 · copy archived
- Seniors Education Property Tax Deferral Program – Brochure, Government of Saskatchewan / Saskatchewan Housing CorporationApplies to undated; linked from the program page on 2026-10-28 · checked October 28, 2026 · copy archived
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