Graduate Retention Program Regulations, G-5.11 Reg 1

1 GRADUATE RETENTION PROGRAM G-5.11 REG 1 The Graduate Retention Program Regulations being Chapter G-5.11 Reg 1 (effective January 1, 2008) as amended by Saskatchewan Regulations 48/2010, 72/2012 and 52/2025. NOTE: This consolidation is not official. Amendments have been incorporated for convenience of reference and the original statutes and regulations should be consulted for all purposes of interpretation and application of the law. In order to preserve the integrity of the original statutes and regulations, errors that may have appeared are reproduced in this consolidation. 2 G-5.11 REG 1 GRADUATE RETENTION PROGRAM Table of Contents 1 Title 2 Interpretation 3 Eligible programs 4 Application for graduate retention program eligibility certificate 5 Graduate retention program maximum 5.1 Graduate retention program maximum – NEPS 6 Interest 7 Coming into force 3 GRADUATE RETENTION PROGRAM G-5.11 REG 1 CHAPTER G-5.11 REG 1 The Graduate Retention Program Act Title 1 These regulations may be cited as The Graduate Retention Program Regulations. Interpretation 2 In these regulations: (a) “Act” means The Graduate Retention Program Act; (b) “application” means an application made pursuant to section 3 of the Act to obtain a graduate retention program eligibility certificate; (c) “graduated”, with respect to a program described in clause 3(1)(b) or (c), means having received the certificate mentioned in that provision. 12 Dec 2008 cG-5.11 Reg 1 s2; 5 Oct 2012 SR 72/2012 s3. Eligible programs 3(1) For the purposes of subclause 2(a)(ii) of the Act, the following are prescribed as eligible programs: (a) a program of post-secondary studies: (i) that is offered by a designated educational institution within the meaning of The Saskatchewan Student Direct Loans Regulations that is approved pursuant to section 18 of those regulations; and (ii) that leads to a certificate, diploma or university degree other than a master’s degree or doctorate; (b) a program leading to: (i) a Journeyperson Certificate of Qualification pursuant to section 29 of The Apprenticeship and Trade Certification Commission Regulations; or (ii) a proficiency certificate pursuant to section 36 of The Apprenticeship and Trade Certification Commission Regulations; (c) a program pursuant to the legislation of another province or territory of Canada leading to a certificate that is equivalent to a certificate mentioned in clause (b). (2) In addition to the programs prescribed in subsection (1), the minister may recognize as an eligible program a program of post-secondary studies that, in the opinion of the minister, is similar to an eligible program described in clause (1)(a). 12 Dec 2008 cG-5.11 Reg 1 s3. 4 G-5.11 REG 1 GRADUATE RETENTION PROGRAM Application for graduate retention program eligibility certificate 4(1) An application may be made: (a) by a qualified individual; or (b) with the consent of the qualified individual: (i) by the educational institution from which the qualified individual graduated, in the case of a program described in clause 3(1)(a); or (ii) by the trade certification authority that issued the certificate to the qualified individual, in the case of a program described in clause 3(1)(b) or (c). (2) An application must be made not later than April 30 of the seventh taxation year following the taxation year in which the qualified individual graduated from the eligible program. (3) In addition to the information required pursuant to section 3 of the Act, an application must include the following information: (a) the name, gender and date of birth of the qualified individual; (b) the address of the qualified individual and other information needed for the purpose of communicating with the qualified individual; (c) the address of the educational institution or trade certification authority that administered the eligible program from which the qualified individual has graduated and other information needed for the purpose of communicating with the educational institution or trade certification authority; (d) for an eligible program described in clause 3(1)(a), the number of months or academic years of full-time study required to complete the eligible program; (e) the qualification awarded by the educational institution or trade certification authority to the qualified individual on graduation from the eligible program. 5 Oct 2012 SR 72/2012 s4. Graduate retention program maximum 5(1) For the purposes of these regulations, the number of months or academic years of full-time study required to complete an eligible program, if graduation from the eligible program occurs before October 1, 2024, means the number of months or academic years of full-time study as required by the educational institution that administered the eligible program. (2) Subject to subsection (3), the graduate retention program maximum applicable to an eligible program, if graduation from the eligible program occurs before October 1, 2024, is: (a) $3,000: (i) for an eligible program described in clause 3(1)(b) or (c); or (ii) for an eligible program described in clause 3(1)(a) that requires at least six months but less than two academic years of full-time study to complete; 5 GRADUATE RETENTION PROGRAM G-5.11 REG 1 (b) $6,400 for an eligible program described in clause 3(1)(a) that leads to a certificate or diploma and that requires at least two academic years of full-time study to complete; (c) $15,000 for an eligible program described in clause 3(1)(a) that leads to a university degree other than a master’s degree or doctorate and that requires at least three academic years but less than four academic years of full-time study to complete; and (d) $20,000 for an eligible program described in clause 3(1)(a) that leads to a university degree other than a master’s degree or doctorate and that requires at least four academic years of full-time study to complete. (3) Notwithstanding subsection (2), the graduate retention program maximum applicable to an eligible program for the following years of graduation from the eligible program is: (a) $3,200 for graduation in 2006 or 2007 from an eligible program mentioned in clause (2)(b); (b) $5,000 for graduation in 2006 or 2007 from an eligible program mentioned in clause (2)(c) or (d); (c) $10,000 for graduation in 2008 from an eligible program mentioned in clause (2)(c) or (d); and (d) $15,000 for graduation in 2009 from an eligible program mentioned in clause (2)(d). (3.1) The graduate retention program maximum applicable to an eligible program, if graduation from the eligible program occurs on or after October 1, 2024, is: (a) $3,600: (i) for an eligible program described in clause 3(1)(b) or (c); or (ii) for an eligible program described in clause 3(1)(a) that requires at least 6 months but less than 2 academic years of full-time study to complete; (b) $7,680 for an eligible program described in clause 3(1)(a) that leads to a certificate or diploma and that requires at least 2 academic years of full-time study to complete; (c) $18,000 for an eligible program described in clause 3(1)(a) that leads to a university degree other than a master=s degree or doctorate and that requires at least 3 academic years but less than 4 academic years of full-time study to complete; and (d) $24,000 for an eligible program described in clause 3(1)(a) that leads to a university degree other than a master’s degree or doctorate and that requires at least 4 academic years of full-time study to complete. (4) If the minister recognizes a program as an eligible program pursuant to subsection 3(2), for the purposes of this section the program shall be deemed to be an eligible program described in clause 3(1)(a) or (b), depending on the eligible program to which the minister determines the program to be similar. 5 Oct 2012 SR 72/2012 s4; 4 Jly 2025 SR 52/2025 s3. 6 G-5.11 REG 1 GRADUATE RETENTION PROGRAM Graduate retention program maximum - NEPS 5.1(1) In this section, “NEPS” means the eligible program known as the Nursing Education Program of Saskatchewan-Early Completion Options that is offered by the University of Saskatchewan. (2) Notwithstanding subsections 5(2) and (3), a qualified individual who graduated from NEPS in 2008 may elect: (a) the $10,000 graduate retention program maximum mentioned in clause 5(3)(c); or (b) the $15,000 graduate retention program maximum mentioned in clause 5(3)(d). (3) Notwithstanding subsections 5(2) and (3), a qualified individual who graduated from NEPS in 2009 may elect: (a) the $15,000 graduate retention program maximum mentioned in clause 5(3)(d); or (b) the $20,000 graduate retention program maximum mentioned in clause 5(2)(d). 5 Oct 2012 SR 72/2012 s4. Interest 6(1) For the purposes of subsection 6(1) of the Act, the prescribed rate of interest is the rate of interest prescribed in The Pre-judgment Interest Regulations. (2) Interest is to be calculated from the date on which the graduate tuition tax credit was obtained to the date of the certificate filed with the Court of King=s Bench pursuant to subsection 6(1) of the Act. 12 Dec 2008 cG-5.11 Reg 1 s6; 5 Oct 2012 SR 72/2012 s5. Coming into force 7 These regulations come into force on the day on which they are filed with the Registrar of Regulations but are retroactive and are deemed to have been in force on and from January 1, 2008. 12 Dec 2008 cG-5.11 Reg 1 s7. 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