Canada Student Financial Assistance Regulations

Canada Student Financial Assistance Regulations His Excellency the Governor General in Council, on the recommendation of the Minister of Employment and Immigration and the Treasury Board, pursuant to section 15 of the Canada Student Financial Assistance Act*, is pleased hereby to make the annexed Regulations respecting the making of loans and the provision of other forms of financial assistance to students, effective August 1, 1995. S.C. 1994, c. 28 [Repealed, SOR/2016-199, s. 2] In the Act and these Regulations, borrower means a person to whom a loan is made pursuant to the Act; (emprunteur) consolidated student loan agreement means a consolidated risk-shared loan agreement or a consolidated direct loan agreement, except in section 5 of the Act where it means a consolidated risk-shared loan agreement only; (contrat de prêt consolidé) course means formal instruction or training that constitutes, or is determined by a designated educational institution to be equivalent to, an essential element of a program of studies at a post-secondary school level at that institution, but does not include any formal instruction or practical training required for acceptance in a professional corporation or for the practice of any trade or profession unless that formal instruction or practical training is necessary to obtain a degree, certificate or diploma from that designated educational institution; (cours) dental hygienist means a person, other than a dental therapist, who is entitled to work as a dental hygienist under the laws of the province in which they are so working; (hygiéniste dentaire) dentist means a person who is entitled to work as a dentist under the laws of a province in which they are so working; (dentiste) early childhood educator means a person, other than an early childhood educator assistant or a teacher, who in the case of a person who works as an early childhood educator in New Brunswick, the Northwest Territories or Nunavut, meets the definition of an early childhood educator in the laws of any province; or in the case of a person who works as an early childhood educator in any other province, is entitled to work as an early childhood educator under the laws of that province; (éducateur de la petite enfance) family income means the aggregate income — including income from employment, social programs, investments and monetary gifts — of the borrower or student and their spouse or common-law partner, in the case of a borrower or student who is married or has a common-law partner, the parents of the student, in the case of a full-time student who has never been married or in a common-law relationship, has never had children, is pursuing education at a post-secondary level within four years of leaving secondary school, has not been in the labour force for more than two periods of 12 consecutive months since leaving secondary school, and is not applying for assistance under Part V or VII; and the borrower or student, in any other case; (revenu familial) family physician means a person who is entitled under the laws of a province to practise family medicine and who is so practising or who is in a family medicine residency program accredited by the College of Family Physicians of Canada; (médecin de famille) financial assistance means any form of financial aid provided under the Act, including student loans; (aide financière) financial institution means a bank or authorized foreign bank within the meaning of the Bank Act, a credit union, caisse populaire or other cooperative credit society, a company within the meaning of the Trust and Loans Company Act, or Canada Post Corporation; (institution financière) full-time student means a person who during a confirmed period within a period of studies, is enrolled in courses that constitute at least 60 per cent of a course load recognized by the designated educational institution as constituting a full course load, has as their primary occupation during that confirmed period the pursuit of studies in those courses, and meets the requirements of subsection 5(1) or 7(1) or section 7.01 or 33, as the case may be; or who elects to be considered as a full-time student under section 2.1; (étudiant à temps plein) loan year means the period commencing on August 1 in any year and ending on July 31 in the following year; (année de prêt) midwife means a person who is entitled to work as a midwife under the laws of a province in which they are so working; (sage-femme) nurse means a person who is entitled under the laws of a province to practise as a nurse and who is so practising; (infirmier) nurse practitioner means a person who is entitled under the laws of a province to practise as a nurse practitioner and who is so practising; (infirmier practicien) part-time student means a person who, during a confirmed period within a period of studies, is enrolled in courses that constitute at least 20 per cent but less than 60 per cent of a course load recognized by the designated educational institution as constituting a full course load, and who meets the requirements of subsection 12(1), 12.1(1) or 12.2(1) or section 33, as the case may be; (étudiant à temps partiel) period of studies means the length of time that a designated educational institution considers to be a normal school year for the program of studies in which the qualifying student or the borrower is enrolled and that, where the period between the day on which that person ceased to be a full-time student pursuant to section 8 or a part-time student pursuant to section 12.3, as the case may be, and the first day of the first confirmed period of the current school year is less than six months, includes that period; (période d’études) permanent disability means any impairment, including a physical, mental, intellectual, cognitive, learning, communication or sensory impairment — or a functional limitation — that restricts the ability of a person to perform the daily activities necessary to pursue studies at a post-secondary school level or to participate in the labour force and that is expected to remain with the person for the person’s expected life; (invalidité permanente) persistent or prolonged disability means any impairment, including a physical, mental, intellectual, cognitive, learning, communication or sensory impairment — or a functional limitation — that restricts the ability of a person to perform the daily activities necessary to pursue studies at a post-secondary school level or to participate in the labour force and has lasted, or is expected to last, for a period of at least 12 months but is not expected to remain with the person for the person’s expected life; (invalidité persistante ou prolongée) personal support worker means a person who, in accordance with the laws of the province in which they work, provides one-on-one care and essential support to optimize and maintain an individual’s health, well-being, safety, autonomy and comfort consistent with that individual’s health care needs as directed by a regulated health care professional or a provincial or community health organization; (préposé aux services de soutien à la personne) pharmacist means a person who is entitled to work as a pharmacist under the laws of the province in which they are so working; (pharmacien) physiotherapist means a person who in the case of a person who works as a physiotherapist in the Northwest Territories or Nunavut, meets the definition of a physiotherapist or physical therapist in the laws of any province; or in the case of a person who works as a physiotherapist in any other province, is entitled to work as a physiotherapist or physical therapist under the laws of that province; (physiothérapeute) post-secondary school level means education at a university or college level, including education of a technical or vocational nature; (niveau postsecondaire) program of studies means the series of periods of studies that is considered by the designated educational institution to be necessary to obtain a degree, certificate or diploma, that is recognized by the appropriate authority which designated that institution under the Act or the Canada Student Loans Act, or any successor to that authority, and the aggregate of which is at least 12 weeks within a period of 15 consecutive weeks; (programme d’études) psychologist means a person, other than a psychotherapist, who in the case of a person who works as a psychologist in Yukon, meets the definition of a psychologist in the laws of any province; or in the case of a person who works as a psychologist in any other province, is entitled to work as a psychologist under the laws of that province; (psychologue) severe permanent disability means any impairment, including a physical, mental, intellectual, cognitive, learning, communication or sensory impairment — or a functional limitation — that prevents a person from performing the daily activities necessary to participate in the labour force in a manner that is substantially gainful, as defined in section 68.1 of the Canada Pension Plan Regulations, and is expected to remain with the person for their expected life; (invalidité grave et permanente) social worker means a person, other than a social service worker, who in the case of a person who works as a social worker in Yukon or Nunavut, meets the definition of a social worker in the laws of any province; or in the case of a person who works as a social worker in any other province, is entitled to work as a social worker under the laws of that province; (travailleur social) student loan means a risk-shared loan or a direct loan except in sections 5, 10 and 11 and paragraph 15(l) of the Act, where it means a risk-shared loan only, in subsection 14(2) of the Act, where it means a guaranteed student loan; (prêt d’études) [Repealed, SOR/2012-41, s. 1] student loan agreement means a contract entered into before August 1, 2000 between a qualifying student and a lender that is in the prescribed form, and includes the student’s social insurance number; (contrat de prêt simple) teacher means a person who is entitled to teach at an elementary or secondary school under the laws of the province in which they are so teaching; (enseignant) under-served rural or remote community means a population centre with a population of no more than 30,000 based on data published in the most recent census of population or a rural area, based on data published in that census. (collectivité rurale ou éloignée mal desservie) In these Regulations, Act means the Canada Student Financial Assistance Act; (Loi) apprentice loan has the same meaning as in subsection 1(1) of the Apprentice Loans Regulations; (prêt aux apprentis) common-law partner in relation to a borrower, means a person who is cohabiting with a borrower in a conjugal relationship, having so cohabited for a period of at least one year; (conjoint de fait) confirmation of enrolment means a prescribed form, which may or may not form part of a certificate of eligibility, and where it does not, includes the qualifying student’s or borrower’s social insurance number; (confirmation d’inscription) confirmed period means a period of studies, or part thereof, which is at least six consecutive weeks and which in the case of a confirmation of enrolment forming part of a certificate of eligibility, begins on the first day of the month specified by the designated educational institution and ends on the last day of the last month of the period of studies specified by the appropriate authority, and in the case of a confirmation of enrolment not forming part of a certificate of eligibility, begins on the first day of the month specified by, and ends on the last day of the other month specified by, the designated educational institution; (période confirmée) consolidated direct loan agreement means a contract in the prescribed form that is entered into between the Minister and a borrower who has ceased to be a full-time student pursuant to section 8 and who is indebted to the Minister under any full-time direct loan agreement and that includes the borrower’s social insurance number; (contrat de prêt direct consolidé) consolidated guaranteed student loan agreement has the same meaning as subsection 2(2) of the Canada Student Loans Regulations; (contrat de prêt garanti consolidé) consolidated risk-shared loan agreement means a contract that is entered into between a borrower who has ceased to be a full-time student pursuant to section 8 and the lender to whom the borrower is indebted under any full-time risk-shared loan agreement and that is in the prescribed form, that includes the borrower’s social insurance number, in which the principal amount is the aggregate of the outstanding principal amounts under those agreements, that replaces those agreements, and that includes the terms and conditions of repayment of the principal amount of the loan and the interest payable thereunder; (contrat de prêt à risque partagé consolidé) direct loan means a debt obligation incurred by a qualifying student on entering into a direct loan agreement and which is owed to Her Majesty in right of Canada, as represented by the Minister; (prêt direct) direct loan agreement means a full-time direct loan agreement, a direct student loan agreement or a consolidated direct loan agreement; (contrat de prêt direct) direct student loan agreement means a contract entered into after July 31, 2000 between a qualifying student and the Minister pursuant to paragraph 12(1)(a), 12.1(1)(a) or 12.2(1)(a) and that includes the student’s social insurance number; (contrat de prêt direct simple) full-time direct loan agreement means a contract that is entered into after July 31, 2000 between a qualifying student and the Minister under paragraph 5(1)(d) and that is in the prescribed form; and that includes the student’s social insurance number; (contrat de prêt direct à temps plein) full-time loan agreement[Repealed, SOR/2000-290, s. 1] full-time risk-shared loan agreement means a contract that was entered into before August 1, 2000 between a qualifying student and a lender under these Regulations; (contrat de prêt à risque partagé à temps plein) guaranteed student loan has the same meaning as under the Canada Student Loans Act; (prêt garanti) guaranteed student loan agreement has the same meaning as under the Canada Student Loans Regulations; (contrat de prêt garanti) loan agreement means a risk-shared loan agreement or a direct loan agreement; (contrat de prêt) officer of the designated educational institution means a person authorized by a designated educational institution to sign confirmations of enrolment on behalf of the institution and who is the registrar of that institution or a person authorized by the registrar to act on behalf of the registrar, is a student aid officer in that institution, or has the de facto capacity of the registrar of or a student aid officer in that institution; (agent de l’établissement agréé) participating province means a province other than one that has chosen not to participate in the financial assistance plan in accordance with section 14 of the Act; (province participante) part-time guaranteed loan agreement has the same meaning as in subsection 2(2) of the Canada Student Loans Regulations; (contrat de prêt garanti à temps partiel) part-time loan agreement[Repealed, SOR/2000-290, s. 1] provincial loan means a loan issued by a province for the purpose of assisting a student in the pursuit of studies at a designated educational institution; (prêt provincial) risk-shared loan means a debt obligation incurred by a qualifying student on entering into a risk-shared loan agreement and which is owed to a lender or Her Majesty in right of Canada, as represented by the Minister; (prêt à risque partagé) risk-shared loan agreement means a full-time risk-shared loan agreement, a student loan agreement or a consolidated risk-shared loan agreement and includes agreements entered into under subsection 14(3) of the Regulations, whatever the date they are entered into. (contrat de prêt à risque partagé) spouse[Repealed, SOR/2001-230, s. 1] [Repealed, SOR/2000-290, s. 1] Person with a disability A person who has either a permanent disability or a persistent or prolonged disability and who, during a confirmed period within a period of studies, is enrolled in courses that constitute at least 40 per cent but less than 60 per cent of a course load recognized by the designated educational institution as constituting a full course load, may elect to be considered as a full-time student. A certificate of eligibility issued under subsection 12(1) of the Act shall specify whether the qualifying student named in that certificate qualifies for the issuance of that certificate under the Act and these Regulations as a full-time student or part-time student. [Repealed, SOR/2011-96, s. 2] Subject to section 15, the Minister may make a direct loan to a qualifying student who is enrolled as a full-time student at a designated educational institution and who is issued, or in respect of whom is issued, a certificate of eligibility; within 30 days after obtaining confirmation of their enrolment from an officer of the designated educational institution but no later than the last day of the confirmed period, submits the confirmation of enrolment to the Minister unless they are notified in writing by the appropriate authority that the confirmation of enrolment is to be submitted to the Minister by the designated educational institution, and to the branch of the lender to which they are indebted under any risk-shared loan agreement or guaranteed student loan agreement; authorizes the designated educational institution to forward to the Minister any refund of fees that have been paid with the proceeds of a direct loan authorized by the certificate of eligibility for credit against any direct loans of the student; has entered into a full-time direct loan agreement for the period of studies referred to in the certificate of eligibility; if more than six months have elapsed between the day on which the student ceased to be a full-time student under section 8 and the first day of the current confirmed period, if they are indebted under any full-time risk-shared loan agreement or guaranteed student loan agreement entered into as a full-time student, pays to the lender any interest accrued under those agreements to the day before the first day of the confirmed period, and if they are indebted under any full-time direct loan agreement, pays to the Minister any interest accrued under that agreement to the day before the first day of the confirmed period; if the confirmation of enrolment is submitted to the Minister more than six months after the day they ceased to be a full-time student under section 8 but before the last day of the confirmed period that started within the six-month period, if they are indebted under any full-time risk-shared loan agreement or guaranteed student loan agreement entered into as a full-time student, either pays to the lender the interest accrued under those agreements from the day after they ceased to be a full-time student to the day before the day on which the confirmation of enrolment is submitted to the Minister, or enters into a consolidated risk-shared loan agreement or a consolidated guaranteed student loan agreement in which the unpaid accrued interest referred to in clause (A) is added to the principal amount, if they are indebted under any full-time direct loan agreement, either pays to the Minister the interest accrued under those agreements from the day after they ceased to be a full-time student to the day before the day on which the confirmation of enrolment is submitted to the Minister, or directs the addition of the unpaid accrued interest referred to in clause (A) to the outstanding principal. A qualifying student who has no outstanding student loan or guaranteed student loan made to them as a full-time student and who meets the conditions referred to in paragraphs (1)(a) to (d) becomes a full-time student on the later of the day on which the confirmation of enrolment is received by the Minister and the day on which they enter into the full-time direct loan agreement. A qualifying student who has an outstanding student loan or guaranteed student loan made to them as a full-time student and who meets the conditions referred to in paragraphs (1)(a) to (d) in the case where they meet the requirements of paragraph (1)(e) or (f), again become a full-time student on the day on which they meet those requirements; or in any other case, continues to be a full-time student beginning on the day following the day on which they would otherwise have ceased to be a full-time student. [Repealed, SOR/2011-96, s. 3] A borrower shall, in order to continue to be or again become a full-time student, within 30 days after obtaining confirmation of their enrolment from an officer of the designated educational institution at which they are enrolled but before the end of the confirmed period, submits the confirmation of enrolment to the Minister, if they are indebted under a direct loan agreement, and to the branch of the lender to which they are indebted under a risk-shared loan agreement or guaranteed student loan agreement; when more than six months have elapsed between the day on which they ceased to be a full-time student under section 8 and the first day of the current confirmed period, pay, if they are indebted under any full-time risk-shared loan agreement or guaranteed student loan agreement entered into as a full-time student, to the lender any interest accrued under those agreements to the day before the first day of the confirmed period, and pay, if they are indebted under any full-time direct loan agreement, to the Minister any interest accrued under that agreement to the day before the first day of the confirmed period; if the confirmation of enrolment is submitted more than six months after the day that they ceased to be a full-time student under section 8 but before the last day of the confirmed period that started within the six-month period and if they are indebted under any full-time risk-shared loan agreement or guaranteed student loan agreement that was entered into as a full-time student, either pay to the lender the interest accrued under those agreements from the day after they ceased to be a full-time student, or enter into a consolidated risk-shared loan agreement or a consolidated guaranteed student loan agreement in which the unpaid accrued interest referred to in clause (A) is added to the principal amount; or pay to the Minister the interest accrued under that agreement from the day after they ceased to be a full-time student, or A borrower who meets the conditions referred to in paragraph (1)(a) in the case where they meet the conditions of paragraph (1)(b) or (c), again becomes a full-time student on the day on which they meet those conditions; or A borrower who ceases to be a full-time student under paragraph 8(1)(c) due to the occurrence of an event referred to in paragraph 15(1)(a), (b) or (i) cannot again become a full-time student unless the requirements in paragraphs 16(1)(a) to (d) are met, in addition to those set out in section 7. A borrower who ceases to be a full-time student under paragraph 8(1)(c) due to the occurrence of an event referred to in any of paragraphs 15(1)(c) to (g) cannot again become a full-time student unless one of the requirements in paragraphs 16(2)(a) to (d) is met, in addition to those set out in section 7. A borrower who ceases to be a full-time student under paragraph 8(1)(c) due to the occurrence of an event referred to in paragraph 15(1)(h) cannot again become a full-time student unless the requirements in paragraphs 16(3)(a) to (d) are met, in addition to those set out in section 7. If a borrower who ceases to be a full-time student under paragraph 8(1)(c) was a minor when they received a risk-shared loan and has refused to ratify that loan, and the Minister has made a payment to the lender pursuant to subparagraph 5(a)(ix) of the Act in respect of that loan, the borrower cannot again become a full-time student unless the requirements in paragraphs 16(4)(a) and (b) are met, in addition to those set out in section 7. If a borrower who ceases to be a full-time student under paragraph 8(1)(c) was a minor when they received a direct loan and has refused to ratify that loan, the borrower cannot again become a full-time student unless the requirements in paragraphs 16(4.1)(a) and (b) are met, in addition to those set out in section 7. A borrower who ceases to be a full-time student under paragraph 8(1)(c) due to the occurrence of an event referred to in paragraph 15(1)(k) cannot again become a full-time student unless the requirement in subsection 16(4.2) is met, in addition to meeting the requirements set out in section 7. If a judgment has been obtained against a borrower, the borrower cannot again become a full-time student unless the requirements in subsection 16(5) are met, in addition to those set out in section 7. The following definitions apply in this section and in section 12.21. medical leave means a leave from studies taken by a borrower as a result of a medical problem that, in the opinion of a medical professional, would significantly interfere with the borrower’s ability to pursue their program of studies. (congé pour raisons médicales) parental leave means a leave from studies taken by a borrower as a result of the birth of a child of the borrower, the adoption of a child by the borrower, or the commencement of the guardianship or tutorship of a child by the borrower. (congé parental) period of postponement of repayment means the period during which, by reason of a medical leave or parental leave, no amount on account of principal or interest is required to be paid by the borrower in respect of a student loan. (différé de remboursement) The Minister may, on application, grant a borrower who ceases to be a full-time student on or after October 1, 2020 a period of postponement of repayment by reason of medical leave or parental leave, if the borrower submits the application in the form and manner specified by the Minister in the six months after the end of the borrower’s most recent period of studies, but no later than 12 months after in the case of a medical leave, the date specified by the medical professional; or in the case of a parental leave, the date of the birth or adoption of a child or the date the borrower becomes the guardian or tutor of a child. If the Minister grants the borrower’s application, the borrower is deemed to continue to be a full-time student despite section 8 for a six-month period beginning on the first day of the month after the month in which they would otherwise have ceased to be a full-time student. If the borrower’s medical leave or parental leave must be extended or the borrower is entitled to a new medical leave or a new parental leave, the borrower may, no earlier than 30 days before the end of the six-month period referred to in subsection (3) and no later than 30 days after that period, submit a request to the Minister to extend the length of the period of postponement of repayment to 12 months. If the borrower’s medical leave or parental leave must be further extended or the borrower is entitled to a new medical leave or a new parental leave, the borrower may, no earlier than 30 days before the end of the 12-month period referred to in subsection (4) and no later than 30 days after that period, submit a request to the Minister to extend the length of the period of postponement of repayment to 18 months. A borrower who has been granted a period of postponement of repayment cannot submit a new application for a period of postponement of repayment by reason of a new medical leave or a new parental leave for 30 days after the first day of the current confirmed period. Subject to paragraphs 5(3)(b) and 7(2)(b) and subsection 7.1(3), the borrower ceases to be a full-time student on the earliest of the last day of the last confirmed period, the last day of the month in which the borrower’s course load no longer meets the minimum percentage set out in subparagraph (a)(i) of the definition full-time student in subsection 2(1) or, in the case of a person who elects to be considered as a full-time student under section 2.1, the minimum percentage set out in that section, if an event referred to in any of paragraphs 15(1)(a) to (i) occurs, the applicable day referred to in that paragraph, and the day on which an event referred to in any of paragraphs 15(10)(a) to (d) occurs. Despite paragraph (1)(c), if an event referred to in paragraph 15(1)(a) or (b) occurs in respect of a student loan made to a borrower as a full-time student and, subsequent to that event, the borrower erroneously receives a certificate of eligibility and at least one disbursement authorized by that certificate of eligibility, the borrower ceases to be a full-time student at the end of the period of studies for which the certificate of eligibility was issued. Despite paragraph (1)(c), if an event referred to in any of paragraphs 15(1)(c) to (g) occurs in respect of either a student loan or a guaranteed student loan made to a borrower as a full-time student, before the last day of the last confirmed period of the program of studies in which the borrower is enrolled at the time the event occurs, the borrower ceases to be a full-time student on the earliest of the last day of the last confirmed period of the program of studies in which the borrower was enrolled at the time the event occurred, the day that is three years after the occurrence of the event or, if that day occurs during a confirmed period, the last day of that period, and the last day of the month in which the borrower’s course load no longer meets the minimum percentage set out in subparagraph (a)(i) of the definition full-time student in subsection 2(1) or, in the case of a person who elects to be considered as a full-time student under section 2.1, the minimum percentage set out in that section. Despite subsection (1), a borrower who is a member of the reserve force and who interrupts their program of studies to serve on a designated operation ceases to be a full-time student on the last day of the month in which their service on the designated operation ends. However, if, as a result of the date on which their service on the designated operation ends, the borrower is unable to continue in a program of studies within six months after that date, the Minister may, on application, delay by up to six months the date on which the borrower ceases to be a full-time student. A borrower referred to in subsection (2) must, no later than 30 days after receipt of their posting message provided by the Department of National Defence unless circumstances beyond the control of the borrower necessitate a longer period, notify the Minister in the prescribed form that they will be serving on the designated operation and provide the Minister with their social insurance number; a list of their outstanding student loans, guaranteed student loans and provincial loans; a copy of the posting message; and at the request of the Minister, any information that is necessary to enable the Minister to assess whether the borrower meets the requirements of subsection (2). If a borrower referred to in subsection (2) is unable to continue full-time in a program of studies as a result of an injury or disease that is attributable to or was incurred during the designated operation or the aggravation of an injury or disease, if the aggravation was attributable to or was incurred during the designated operation, the borrower ceases to be a full-time student on the earlier of the day on which the Minister determines that the injury or disease, or the aggravation of the injury or disease, no longer precludes the borrower from returning to a program of studies; and that is 2 years after the day on which the borrower’s service on the designated operation ended. The following definitions apply in this section: designated operation means an operation that is designated under paragraph 247.5(1)(a) of the Canada Labour Code. (opération désignée) reserve force has the same meaning as in subsection 2(1) of the National Defence Act. (force de réserve) Sections 8, 10 and 11 and subsection 12(4) of the Act apply in respect of risk-shared loans made to full-time students. Section 8 and subsection 12(4) of the Act apply in respect of direct loans made to full-time students. For the purposes of paragraph 12(4)(a) of the Act, the amount for any province is $210 per week. Despite section 10, for the loan year commencing on August 1, 2025, the amount for any province is $300 per week. For the purposes of subparagraph 12(4)(b)(ii) of the Act, the prescribed percentage, for any province, is sixty per cent. The principal amount of a student loan made to the borrower as a full-time student, and any interest, commence to be payable by the borrower on the last day of the seventh month after the day on which the borrower most recently ceased to be a full-time student under section 8. Subject to section 15, a qualifying student to whom a certificate of eligibility as a part-time student has been issued and who has no outstanding student loan or guaranteed student loan made to them as a part-time student is entitled to obtain a student loan if they have entered into a direct student loan agreement with the Minister; an officer of the designated educational institution or the appropriate authority, as the case may be, has submitted a confirmation of enrolment to the Minister and to the branch of any lender to which the student is indebted under a full-time risk-shared loan agreement or guaranteed student loan agreement; and the appropriate authority has submitted a certificate of eligibility to the Minister and to the branch of any lender to which the student is indebted under a full-time risk-shared loan agreement or guaranteed student loan agreement. When the requirements set out in subsection (1) have been met, a qualifying student becomes a part-time student. Subject to section 15, a qualifying student to whom a certificate of eligibility as a part-time student has been issued and who has an outstanding student loan or guaranteed student loan made to them as a part-time student is entitled to obtain a student loan if an officer of the designated educational institution or the appropriate authority, as the case may be, has submitted a confirmation of enrolment to the Minister and to the branch of any lender to which the student is indebted under a risk-shared loan agreement or guaranteed student loan agreement; the appropriate authority has submitted a certificate of eligibility to the Minister and to the branch of any lender to which the student is indebted under a risk-shared loan agreement or guaranteed student loan agreement; and the student has, on request, paid the Minister or any lender to which the student is indebted any interest payable on any outstanding loan, to the day before the first day of the confirmed period. When the requirements set out in subsection (1) have been met, the qualifying student again becomes a part-time student on the day on which those requirements are met, if more than six months have elapsed between the last day of the previous confirmed period and the first day of the current confirmed period; and continues to be a part-time student on and after the day following the last day of the previous confirmed period, where not more than six months have elapsed between the last day of that period and the first day of the current confirmed period. If a student is indebted to the Minister under a direct student loan agreement, a further direct loan made to that student in accordance with this section must be a revision to, and form a part of, that agreement. Subject to sections 12.1 and 15, a borrower continues to be or again becomes a part-time student if an officer of the designated educational institution or the appropriate authority, as the case may be, has submitted a confirmation of enrolment to the Minister and to the branch of any lender to which they are indebted under a risk shared loan agreement or guaranteed student loan agreement; the appropriate authority has submitted a certificate of eligibility to the Minister and to the branch of any lender to which the borrower is indebted under a risk-shared loan agreement or guaranteed student loan agreement; and the borrower has, on request, paid to the Minister or any lender, as the case may be, any interest payable on any outstanding loan, to the day before the first day of the confirmed period. When the requirements set out in subsection (1) have been met, the borrower again becomes a part-time student on the day on which those requirements have been met, if more than six months have elapsed between the last day of the previous confirmed period and the first day of the current confirmed period; and The Minister may, on application, grant a borrower who ceases to be a part-time student on or after October 1, 2020 a period of postponement of repayment by reason of medical leave or parental leave, if the borrower submits the application in the form and manner specified by the Minister in the six months following the end of the borrower’s most recent period of studies, but no later than 12 months after If the Minister grants the borrower’s application, the borrower is deemed to continue to be a part-time student despite section 12.3 for a six-month period beginning on the first day of the month after the month in which they would otherwise have ceased to be a part-time student. If the borrower’s medical leave or parental leave must be extended or the borrower is entitled to a new medical leave or a new parental leave, the borrower may, no earlier than 30 days before the end of the six-month period referred to in subsection (2) and no later than 30 days after that period, submit a request to the Minister to extend the length of the period of postponement of repayment to 12 months. If the borrower’s medical leave or parental leave must be further extended or the borrower is entitled to a new medical leave or a new parental leave, the borrower may, no earlier than 30 days before the end of the 12-month period referred to in subsection (3) and no later than 30 days after that period, submit a request to the Minister to extend the length of the period of postponement of repayment to 18 months. A borrower who has been granted a period of postponement of repayment cannot submit a new application for postponement of repayment by reason of a new medical leave or a new parental leave for 30 days after the first day of the current confirmed period. Subject to paragraphs 12.1(2)(b) and 12.2(2)(b) and subsection 12.21(2), a borrower ceases to be a part-time student on the earliest of the last day of the month in which the borrower no longer meets the applicable minimum percentage referred to in the definition part-time student in subsection 2(1), and the applicable day on which the period during which no amount on account of principal or interest is required to be paid by the borrower is terminated in accordance with section 15. Section 11 of the Act applies in respect of risk-shared loans made to part-time students. The maximum amount, for any province, for the purposes of subsection 12(6) of the Act is $10,000 less the aggregate principal amount of any outstanding student loans or guaranteed student loans made to that student as a part-time student. The principal amount of a student loan made to the borrower as a part-time student, and any interest, commence to be payable by the borrower on the last day of the seventh month after the day on which the borrower most recently ceased to be a full-time student under section 8 or a part-time student under section 12.3, as the case may be. In this section and section 14, assignee lender means a lender to which a borrower’s outstanding risk-shared loan agreements are assigned in accordance with this section; (prêteur cessionnaire) assignor lender means a lender that assigns a borrower’s outstanding risk-shared loan agreements in accordance with this section. (prêteur cédant) Subject to section 14, a borrower may request the assignment of all of that borrower’s outstanding risk-shared loan agreements if the following conditions are met: the borrower completes the prescribed form to request an assignment of risk-shared loan agreements, the borrower submits the completed form to the assignor lender, and the assignee lender accepts the agreements to be assigned. Where subsection (2) is complied with, the assignor lender shall sign the assignment agreement and forthwith send to the assignee lender the borrower’s risk-shared loan agreements and all other documentation in respect of those agreements. Subject to subsection 14(3), on receipt of the agreements and other documentation referred to in subsection (3) and on verification that subsection 14(1) has been complied with, the assignee lender shall pay to the assignor lender an amount equal to the aggregate of the outstanding balance of the principal of the risk-shared loans as of the day referred to in subsection (5) and any unpaid interest accrued on those loans to that day, less five per cent of the outstanding principal amount of any risk-shared loans made to the borrower for which a risk premium was paid to a lender pursuant to subparagraph 5(a)(v) of the Act. An assignment made in accordance with this section shall take effect on the day before the day of the payment referred to in subsection (4). No assignment of risk-shared loan agreements shall be made unless the borrower has complied with subparagraphs 6(1)(d)(i) and (e)(i) or 7(1)(d)(i) and (e)(i) or 12.1(1)(d)(i) or 12.2(1)(d)(i), where applicable to the borrower, or paid to the assignor lender all instalments required from the borrower in accordance with that borrower’s risk-shared loan agreements to the date of the request to assign, where none of the provisions referred to in paragraph (a) apply to the borrower. A risk-shared loan agreement in respect of which a judgment has been obtained shall not be assigned. An assignee lender may require that the borrower enter into new agreements with the lender in the form approved by the Minister for that lender and, where such a requirement is imposed, the assignment shall take effect on the day those agreements are entered into. The definitions in this subsection apply in this section. transferee branch means a branch of the lender to which a borrower’s outstanding risk-shared loan agreements are transferred in accordance with this section; (destinataire du transfert) transferor branch means a branch of the lender that transfers a borrower’s outstanding risk-shared loan agreements in accordance with this section. (auteur du transfert) Subject to subsection (5) a borrower may request the transfer of all of the borrower’s outstanding risk-shared loan agreements if the following conditions are met: the borrower completes the prescribed form to request a transfer of risk-shared loan agreements, the borrower submits the completed form to the transferor branch, and the transferee branch accepts the agreements to be transferred. Where subsection (2) is complied with and subject to subsection (5), the transferor branch shall forthwith send to the transferee branch the borrower’s risk-shared loan agreements and all other documentation in respect of those agreements. The lender shall send to the borrower notice of completion of the transfer. No transfer of risk-shared loan agreements shall be made unless the borrower has paid to the transferor branch all instalments required from the borrower in accordance with that borrower’s risk-shared loan agreements to the date of the request to transfer, where none of the provisions referred to in paragraph (a) apply to the borrower. A branch of a lender shall not, on its own initiative, transfer a borrower’s risk-shared loan agreements unless written notice of the transfer has been provided to the borrower. A certificate of eligibility is to be denied to a qualifying student who is qualified for enrolment or is enrolled as a part-time student and who has a family income that is more than the applicable annual income threshold for their family size in accordance with Table 1 of Schedule 4. For the purposes of this section, applicable day means if the Minister is informed that the borrower has failed to consolidate risk-shared loans or guaranteed student loans made to them as a full-time student within six months after the month in which they ceased to be a full-time student and they do not fulfil the requirements of subsection 5(1) or 7(1) before a judgment is obtained against them and such that the beginning of the last confirmed period is on or before the last day of that six-month period, the day following the last day of that confirmed period; if the Minister is informed that the borrower has failed to make a required payment within the two-month period after the payment was required under their loan agreement, guaranteed student loan agreement, these Regulations or the Canada Student Loans Regulations and they do not fulfil the requirements of subsection 5(1), 7(1), 12.1(1) or 12.2(1), as the case may be, within that period, the day following the last day of that period; where the borrower makes an assignment under the Bankruptcy and Insolvency Act that is filed and not cancelled, is deemed under that Act to have made an assignment, or is the subject of a receiving order, the earlier of the day on which a receiving order is made or the assignment is filed with the official receiver; where the borrower makes a proposal under Division I of Part III the Bankruptcy and Insolvency Act that is approved by a court under that Act, the day on which that proposal is approved; where the borrower makes a consumer proposal under Division II of Part III of the Bankruptcy and Insolvency Act that is approved or deemed approved by a court under that Act, the date on which the consumer proposal is approved or deemed approved; where the borrower applies for a consolidation order under Part X of the Bankruptcy and Insolvency Act that includes a student loan or guaranteed student loan, the date on which that order is issued; where the borrower seeks relief under a provincial law relating to the orderly payment of debts that includes a student loan or guaranteed student loan, the day on which the document seeking relief is filed; where the borrower is, by reason of the borrower’s conduct in obtaining or repaying a student loan or guaranteed student loan, found guilty of an offence under any Act of Parliament, the day of the finding of guilt; if the borrower fails to comply with subsection 19.1(1) or 20.1(1), section 20.3 or subsection 24(3), the 30th day after the end of the applicable repayment assistance period or after the day of the notice, as the case may be; the last day of the confirmed period during which the borrower has been a full-time student for in the case of a full-time student with either a permanent disability or a persistent or prolonged disability or in the case of a full-time student to whom a guaranteed student loan has been made as a full-time student, whether or not that loan is outstanding, 520 weeks, in the case of a student enrolled in a doctoral program of studies, 400 weeks, or in any other case, 340 weeks; if the borrower has been granted repayment assistance under subparagraph 20(1)(b)(ii), the day on which the repayment assistance begins;

or the day on which, as the case may be, the obligations referred to in section 11 of the Act or the rights referred to in section 11.1 of the Act or section 13 of the Canada Student Loans Act, are terminated. For the purposes of paragraph (1)(j), the number of weeks is the aggregate of the number of weeks corresponding to the borrower’s confirmed periods as a full-time student, or the equivalent, under the Act and the Canada Student Loans Act, less the number of weeks determined by the Minister for which the designated educational institution has provided that the borrower, despite subsections 7.1(3) and 8(2), was no longer a full-time student. Subject to subsections (5), (6) and (9), if an event referred to in any of paragraphs (1)(a) to (l) occurs, the Minister shall, effective on the applicable day referred to in that paragraph, deny a borrower a new certificate of eligibility for any student loan, and if a certificate of eligibility has been issued to a borrower, deny the borrower a new student loan; and if an event referred to in any of paragraphs (1)(a) to (j) occurs, the Minister shall terminate, effective on the applicable day referred to in that paragraph, in respect of an outstanding student loan made to the borrower as a part-time student, the period during which no amount on account of principal or interest is required to be paid by the borrower. If an event referred to in paragraph (1)(a) or (b) occurs, the Minister shall refuse to grant to the borrower any repayment assistance under section 19 or 20 if the Minister pays a claim for loss in respect of the borrower’s guaranteed student loan; and the loan forgiveness referred to in subsection 9.2(1) of the Act. If an event referred to in paragraph (1)(h) or (i) occurs, the Minister shall terminate any repayment assistance granted under section 19 or 20 and refuse to grant to the borrower further repayment assistance or the loan forgiveness referred to in subsection 9.2(1) of the Act. If an event referred to in paragraph (1)(b) occurs in respect of either a student loan or a guaranteed student loan made to a borrower as a part-time student, an event referred to in any of paragraphs (1)(h) to (k) has not occurred subsequent to the event referred to in paragraph (1)(b) and a judgment has not been obtained against the borrower in respect of an outstanding student loan or guaranteed student loan, the borrower shall be entitled to a new student loan, if a certificate of eligibility has been issued to the borrower as a full-time student in respect of that loan before the day referred to in paragraph (1)(b); and the measure referred to in paragraph (2)(b) shall take effect on the last day of the period of studies for which the certificate of eligibility was issued. Where an event referred to in paragraph (1)(a) or (b) occurs in respect of a student loan made to a borrower as a full-time student and, subsequent to that event, the borrower erroneously receives a certificate of eligibility and at least one disbursement authorized by that certificate of eligibility, the borrower shall be entitled to a new student loan authorized by that certificate of eligibility; and the measure referred to in paragraph (2)(b) shall take effect at the end of the period of studies for which the certificate of eligibility was issued. Subsection (2) applies to a borrower who, on the day on which the Act comes into force, is denied a new guaranteed student loan or further interest-free status on a guaranteed student loan in accordance with subsection 9(3) of the Canada Student Loans Regulations. If an event referred to in any of paragraphs (1)(c) to (g) occurs in respect of either a student loan or a guaranteed student loan made to a borrower as a full-time student, before the last day of the last confirmed period of the program of studies in which the borrower is enrolled at the time the event occurs, the borrower is entitled, if otherwise eligible, to a new student loan for that program of studies. If the borrower receives a new student loan under subsection (8), the measures referred to in subsection (2) take effect on the earliest of Student loans and guaranteed student loans shall be denied if the borrower is subject to an event under paragraph 6(2)(a) or (h) of the Apprentice Loans Regulations; the borrower is subject to a bankruptcy-related event referred to in any of paragraphs 6(2)(b) to (f) of the Apprentice Loans Regulations; the borrower has been found guilty of an offence under the Apprentice Loans Act; or the Minister has taken a measure under subsection 20(1) of the Apprentice Loans Act. Subject to subsection (5), a borrower who has been subject to a measure taken in accordance with subsection 15(2), (3) or (4) due to the occurrence of an event referred to in paragraph 15(1)(a), (b) or (i) is entitled to a new student loan, a new certificate of eligibility, further repayment assistance under section 19 or 20, the loan forgiveness referred to in subsection 9.2(1) of the Act or, in respect of a student loan made to a borrower as a part-time student, a new period during which no amount on account of principal or interest is required to be paid if in the case of a measure taken in accordance with subsection 15(2), an event referred to in paragraph 15(1)(j) has not occurred in respect of the borrower’s student loans or guaranteed student loans; an event referred to in paragraph 15(1)(h) or (k) has not occurred in respect of the borrower’s student loans or guaranteed student loans; the borrower has, in respect of risk-shared loan agreements and guaranteed student loan agreements for which a judgment has not been obtained and that are held by a lender, paid the interest accrued to a given day and fulfilled the terms of a repayment arrangement entered into with that lender that is no more onerous to the borrower than six consecutive payments subsequent to that day that are made in accordance with those agreements; and the borrower has, in respect of direct loan agreements, risk-shared loan agreements and guaranteed student loan agreements held by the Minister, for which a judgment has not been obtained, fulfilled the terms of a repayment arrangement entered into with the Minister that is no more onerous to the borrower than six consecutive payments subsequent to a day that are made in accordance with those agreements, and has paid the interest accrued to that day, or has directed, for the first time under this paragraph, paragraph 10(1)(d) of the Canada Student Loans Regulations or paragraph 7(1)(b) of the Apprentice Loans Regulations, the addition of the unpaid accrued interest to that day to the outstanding principal. Subject to subsection (5), where a borrower is subject to a measure taken in accordance with subsection 15(2) due to the occurrence of an event referred to in any of paragraphs 15(1)(c) to (g), the borrower has the rights referred to in subsection (1) if an event referred to in paragraph 15(1)(h), (j) or (k) has not occurred in respect of the borrower’s student loans or guaranteed student loans; the borrower has complied with paragraph (1)(c) or (d), as the case may be, in the case where the borrower’s consumer proposal has been annulled or deemed annulled or the borrower is no longer subject to a provincial law relating to the orderly payment of debts for a reason other than full compliance with that law, and an event referred to in paragraph 15(1)(c), (d) or (f) has not occurred; the borrower has been released of the borrower’s student loans and guaranteed student loans, in any case other than a case described in paragraph (b); or if the borrower is released from the borrower’s student loans and guaranteed student loans by reason that an absolute order of discharge is granted under the Bankruptcy and Insolvency Act, three years have passed since the date of the order. Subject to subsection (5), where a borrower is subject to a measure taken in accordance with subsection 15(2) or (4) due to the occurrence of the event referred to in paragraph 15(1)(h), the borrower shall have the rights referred to in subsection (1) if in the case of a measure taken in accordance with subsection 15(2), an event referred to in paragraph 15(1)(j) has not occurred in respect of the borrower’s student loans or guaranteed student loans; and an event referred to in paragraph 15(1)(k) has not occurred in respect of the borrower’s student loans or guaranteed student loans; the borrower has been released from that borrower’s student loans and guaranteed student loans that were outstanding on the day of the finding of guilt; where the release referred to in paragraph (b) occurs by operation of an order of absolute discharge granted under the Bankruptcy and Insolvency Act, three years have passed since the date of that order; and either five years have passed since the day of the finding of guilt or a pardon has been granted in respect of that finding. Where a borrower, who has been the subject of a measure taken in accordance with subsection 15(2), (3) or (4), has received a risk-shared loan as a minor and has refused to ratify that loan and the Minister has made a payment to the lender pursuant to subparagraph 5(a)(ix) of the Act in respect of that loan, the borrower shall have the rights referred to in subsection (1) if the borrower ratifies that loan; and the requirements of subsection (1), (2) or (3) are met, as is applicable in the circumstances. Where a borrower, who has been the subject of a measure taken in accordance with subsection 15(2), (3) or (4), has received a direct loan as a minor and has refused to ratify that loan, the borrower shall have the rights referred to in subsection (1) if Subject to subsection (5), where a borrower is subject to a measure taken in accordance with subsection 15(2) or (4) due to the occurrence of the event referred to in paragraph 15(1)(k), the borrower has the rights referred to in subsection (1) if the borrower has paid in full the outstanding balance of the student loans or guaranteed student loans. Where a judgment has been obtained against a borrower, that borrower shall not be entitled to the rights referred to in subsection (1) unless the borrower has been released from that judgment and the requirements of subsection (1), (2) or (3) are met, as is applicable in the circumstances. [Renumbered, SOR/2020-182, s. 6] For the purposes of section 13 of the Act, the outstanding aggregate amount of student loans may not exceed 34 billion dollars. The student loans that will be taken into consideration for the purposes of determining this amount are direct loans; and risk-shared loans that have been purchased by the Minister under an agreement made pursuant to the Act. Subject to section 15 of these Regulations, section 9 of the Canada Student Loans Regulations and section 6 of the Apprentice Loans Regulations, the Minister may, on application in the prescribed form containing the prescribed information, provide the first stage of a repayment assistance plan to a borrower for a period of six months if the borrower resides in Canada; [Repealed, SOR/2012-68, s. 6] all of the risk-shared loan agreements and guaranteed student loan agreements are held by a lender, or, in the case where an event referred to in any of paragraphs 15(1)(c) to (g) or paragraphs 9(1)(c) to (g) of the Canada Student Loans Regulations has occurred, by the Minister or a lender; no more than 120 months have elapsed in respect of student loans or guaranteed student loans made to the borrower as a full-time student, since the later of the day on which the borrower most recently ceased to be a full-time student under section 8 or, in the case of a borrower to whom only guaranteed student loans have been made, section 4.1 of the Canada Student Loans Regulations, and the day on which the restriction was removed under paragraph 16(1)(d), and in respect of student loans made to the borrower as a part-time student, since the later of the day on which the borrower most recently ceased to be a full-time student under section 8 or a part-time student under section 12.3, as the case may be, and the day on which the restriction was removed under paragraph 16(1)(d); and the borrower’s monthly affordable payment calculated under subsection (2) is less than their monthly required payment calculated under subsection (3). The monthly affordable payment is equal to $0, if the borrower’s monthly family income is no more than the minimum monthly income threshold for their family size determined in accordance with Schedule 1; or the borrower’s monthly family income multiplied by the lesser of the amounts determined by the following formulae: is, in relation to student loans, guaranteed student loans, provincial loans and apprentice loans, the ratio of the borrower’s outstanding principal for which instalments are due to the sum of that amount and the outstanding principal for which instalments are due for any loan of the same type to a spouse or common-law partner of the borrower, is the borrower’s monthly family income, is the monthly income threshold for the borrower’s family size determined in accordance with Schedule 1, is the monthly increment for the borrower’s family size determined in accordance with Schedule 1. The monthly required payment is equal to the outstanding principal of the student loans, guaranteed student loans and provincial loans made to the borrower as a full-time student, amortized over a period of the greater of six months, and 120 months minus the number of months that have elapsed since the applicable day referred to in subparagraph (1)(d)(i) plus the number of months since that day during which the borrower benefited from any special interest-free periods under section 19 or 20 or section 17 or 18 of the Canada Student Loans Regulations, as they read immediately before the coming into force of this section, or repayment assistance under this section; the outstanding principal of the student loans made to the borrower as a part-time student, amortized over a period of the greater of 120 months minus the number of months that have elapsed since the applicable day referred to in subparagraph (1)(d)(ii), plus the number of months since that day during which the borrower benefited from any special interest-free periods under section 19 or 20 as they read immediately before the coming into force of this section, or repayment assistance under this section; and the monthly required payment calculated under paragraph 10(3)(a) or 12(3)(a), as the case may be, of the Apprentice Loans Regulations. A borrower shall receive no more than 60 months, in the aggregate, of special interest-free periods granted under section 19 or 20 or section 17 or 18 of the Canada Student Loans Regulations, as they read immediately before the coming into force of this section, and repayment assistance under this section in respect of any student loan or guaranteed student loan made to the borrower as a full-time student, since the applicable day referred to in subparagraph (1)(d)(i); and in respect of any student loan made to the borrower as a part-time student, the applicable day referred to in subparagraph (1)(d)(ii). The monthly affordable payment set out in a repayment assistance plan of a borrower who was receiving repayment assistance under this section on March 31, 2020 is, for the period described in subsection (6), deemed to be $0 if the borrower’s monthly affordable payment calculated under subsection (2) was greater than $0; and the borrower was not in arrears of any payments under the plan on March 31, 2020. The period is equal to the number of months remaining on the borrower’s repayment assistance plan as of March 31, 2020 and it begins on October 1, 2020. A borrower shall, no later than the day that is 30 days after a repayment assistance period ends, pay to the lender or the Minister, as the case may be, the federal portion of the monthly affordable payments calculated under subsection 19(2) in respect of that period. [Repealed, SOR/2023-273, s. 17] In this section, federal portion means the ratio of outstanding principal in relation to student loans and guaranteed student loans to the outstanding principal in relation to those loans and provincial loans. Payments made under this section shall be attributed in proportion to the outstanding principal of each student loan, guaranteed student loan and apprentice loan for which instalments are due. Subject to section 15 of these Regulations, section 9 of the Canada Student Loans Regulations and section 6 of the Apprentice Loans Regulations, the Minister may, on application in the prescribed form containing the prescribed information, provide the second stage of a repayment assistance plan to a borrower for a period of six months if the borrower meets the conditions set out in paragraphs 19(1)(a) and (c); the borrower has either a permanent disability or a persistent or prolonged disability, or has received 60 months, in the aggregate, of the periods referred to in subsection 19(4) or at least 120 months has elapsed, in respect of any student loan or guaranteed student loan made to the borrower as a full-time student, since the applicable day referred to in subparagraph 19(1)(d)(i), and in respect of any student loan made to the borrower as a part-time student, since the applicable day referred to in subparagraph 19(1)(d)(ii); and in the case of a borrower who has either a permanent disability or a persistent or prolonged disability $0, if the borrower’s monthly family income, less their monthly disability-related expenses not covered by their public health care or private insurance, is no more than the monthly income threshold for their family size determined in accordance with Schedule 1; and is, in relation to apprentice loans as well as student loans, guaranteed student loans, provincial loans and apprentice loans, the ratio of the borrower’s outstanding principal for which instalments are due to the sum of that amount and the outstanding principal for which instalments are due for any loan of the same type to a spouse or common-law partner of the borrower, is the borrower’s monthly family income less their monthly disability-related expenses not covered by their public health care or private insurance, is the monthly income threshold for the borrower’s family size determined in accordance with Schedule 1; is the monthly increment for the borrower’s family size determined in accordance with Schedule 1; in any other case, the amount referred to in subsection 19(2). the outstanding principal of the student loans, guaranteed student loans and provincial loans made to the borrower as a full-time student, amortized over a period of the greater of six months and in the case of a borrower who has either a permanent disability or a persistent or prolonged disability, 120 months minus the number of months that have elapsed since the applicable day referred to in subparagraph 19(1)(d)(i), and in any other case, 180 months minus the number of months that have elapsed since the applicable day referred to in subparagraph 19(1)(d)(i); the outstanding principal of the student loans made to the borrower as a part-time student amortized over a period of the greater of six months and in the case of a borrower who has either a permanent disability or a persistent or prolonged disability, 120 months minus the number of months that have elapsed since the applicable day referred to in subparagraph 19(1)(d)(ii), and in any other case, 180 months minus the number of months that have elapsed since the applicable day referred to in subparagraph 19(1)(d)(ii); and A borrower shall, no later than the day that is 30 days after a repayment assistance period ends, pay to the lender or the Minister, as the case may be, the federal portion of the monthly affordable payments calculated under subsection 20(2) in respect of that period. The amount owing as outstanding principal and interest for a month during a repayment assistance period by a borrower shall be reduced by the lender or Minister, as the case may be, by the federal portion of the difference between the monthly required payment calculated under subsection 20(3) and the monthly affordable payment calculated under subsection 20(2). That reduction shall only be made in relation to the months for which the borrower complies with subsection (1). If the reduction referred to in subsection (2) is made by the lender, the Minister, on being notified of the reduction by the lender in the prescribed form, shall reimburse the lender the amount of the reduction. Beginning in 2023, the monthly income thresholds set out in column 2 of the table to Schedule 1 are adjusted on August 1st of each year by the annual percentage increase to the Consumer Price Index for the previous calendar year, rounded to the nearest dollar. If the thresholds determined in accordance with subsection (1) are less than those applicable on August 1st of the previous calendar year, no adjustment is to be made and the thresholds applicable on August 1st of the previous calendar year continue to apply. For the purpose of subsection (1), the Consumer Price Index is the annual all-items Consumer Price Index for Canada published by Statistics Canada. A repayment assistance period shall begin no earlier than the later of the first day of the month that is six months before the day on which the borrower applies for the assistance, the day on which the principal amount and any interest commence to be payable by the borrower, and the day on which these regulations come into force. If any accrued interest remains unpaid on the day on which repayment assistance begins, the borrower shall, on or before the day that is 30 days after the repayment assistance period ends, pay to the lender or the Minister, as the case may be, the unpaid accrued interest; or if they have not already done so, enter into a revised agreement for the payment of a period of up to three months of the unpaid accrued interest and pay to the lender or the Minister, as the case may be, any remaining unpaid accrued interest. With the written authorization of the Minister, a lender who holds a borrower’s risk-shared loan agreement may exercise the powers given to the Minister under subsections 15(3) and (4) and sections 19 and 20; and who holds a borrower’s guaranteed student loan agreement may exercise the powers given to the Minister under sections 19 and 20 and subsections 9(4) and (5) of the Canada Student Loans Regulations. The Minister shall provide the lender any information that is necessary to enable the lender to act under subsection (1). If an application is made for repayment assistance, notice of a decision in respect of that application shall be given to the borrower and the lender or, if the lender is acting under subsection 21(1), to the borrower and the Minister. The notice shall set out the day on which the repayment assistance begins and ends; the amount of the payment required under subsection 19.1(1) or 20.1(1); and the fact that the decision to grant repayment assistance is subject to the condition set out in section 20.3. [Repealed, SOR/2009-212, s. 4] The Minister shall, on the written request of the borrower and based on documentary evidence provided by the borrower, reconsider a borrower’s application for repayment assistance if the borrower’s application has been rejected for the sole reason that the borrower did not meet the criterion set out in paragraph 19(1)(e) or 20(1)(c); and unforeseen and unavoidable circumstances beyond the control of the borrower or their spouse or common-law partner have led to the borrower incurring extraordinary expenses. The Minister shall provide a notice of the determination to the borrower in the case of a direct loan and to the borrower and the lender in all other cases. If repayment assistance is granted because of an error by the borrower in their application for repayment assistance, the Minister shall cancel the repayment assistance if the borrower was not entitled to receive the assistance; and in respect of a repayment assistance period, reduce the repayment assistance to the extent of the excess in assistance received if, during the period, the borrower received an amount of assistance that was more than $100 in excess of the amount that the borrower was entitled to receive for the period. The Minister shall provide a notice of the cancellation or reduction to the borrower, in the case of a direct loan, and to the borrower and the lender, in all other cases, specifying the date of the notice; and the day on which the repayment assistance is to be cancelled or reduced. A borrower shall, within 30 days after the date of the notice, repay to the Minister or the lender, as the case may be, the amount of repayment assistance that the borrower was not entitled to receive; or enter into a revised agreement for the repayment of that amount. A lender shall, without delay after the date of the notice, repay to the Minister any amount paid by the Minister as a result of the error. [Repealed, SOR/96-368, s. 18] If a repayment assistance period has been granted to a borrower, the provisions of any loan agreement or guaranteed student loan agreement that was in effect between the borrower and the lender or between the borrower and the Minister, as the case may be, on the day on which the borrower applied for that period shall be suspended until the earliest of the day on which repayment assistance is terminated in accordance with subsection 15(4), the end of that repayment assistance period, and in respect of the borrower’s consolidated student loan agreement or consolidated guaranteed student loan agreement, if any, the day on which the borrower again becomes a full-time student in accordance with subsection 5(3) or 7(2). [Repealed, SOR/2024-210, s. 5] For the purposes of subsection 9.2(1) of the Act, the Minister may forgive the lesser of the outstanding principal of the borrower’s student loan and for the first year in respect of which the borrower qualifies for loan forgiveness, $8,000 in the case of a family physician, dentist, pharmacist or psychologist, $4,000 in the case of a nurse, nurse practitioner, midwife, teacher, social worker or physiotherapist, or $2,000 in the case of an early childhood educator, dental hygienist or personal support worker; for the second year in respect of which the borrower qualifies for loan forgiveness, $10,000 in the case of a family physician, dentist, pharmacist or psychologist, $5,000 in the case of a nurse, nurse practitioner, midwife, teacher, social worker or physiotherapist, or $2,500 in the case of an early childhood educator, dental hygienist or personal support worker; for the third year in respect of which the borrower qualifies for loan forgiveness, $12,000 in the case of a family physician, dentist, pharmacist or psychologist, $6,000 in the case of a nurse, nurse practitioner, midwife, teacher, social worker or physiotherapist, or $3,000 in the case of an early childhood educator, dental hygienist or personal support worker; for the fourth year in respect of which the borrower qualifies for loan forgiveness, $14,000 in the case of a family physician, dentist, pharmacist or psychologist, $7,000 in the case of a nurse, nurse practitioner, midwife, teacher, social worker or physiotherapist, or $3,500 in the case of an early childhood educator, dental hygienist or personal support worker; and for the fifth year in respect of which the borrower qualifies for loan forgiveness, $16,000 in the case of a family physician, dentist, pharmacist or psychologist, $8,000 in the case of a nurse, nurse practitioner, midwife, teacher, social worker or physiotherapist, or $4,000 in the case of an early childhood educator, dental hygienist or personal support worker. The maximum number of years in respect of which an amount may be forgiven in respect of a student loan is five minus the number of years in respect of which an amount has been forgiven under subsection (1) in respect of a previous student loan. For the purposes of subsection 9.2(1) of the Act, to qualify for loan forgiveness for a year, the borrower must either have begun to work during the year by providing in-person services as a family physician, dentist, pharmacist, psychologist, nurse, nurse practitioner, midwife, teacher, social worker, physiotherapist, early childhood educator, dental hygienist or personal support worker in an under-served rural or remote community, or have continued to work during the year by providing in-person services as a family physician, dentist, pharmacist, psychologist, nurse, nurse practitioner, midwife, teacher, social worker, physiotherapist, early childhood educator, dental hygienist or personal support worker in a community in respect of which the borrower qualified for loan forgiveness for the previous year; subject to subsection (4), have worked at least 400 hours; and apply to the Minister in the prescribed form no later than 90 days after the end of that year. The loan forgiveness takes effect on the day following the end of the year. For the purposes of subsection (1), the results of a census of population apply six months after the day on which the census is published by Statistics Canada or on the November 1 following that day, whichever is later. The Minister may decide that a borrower who worked fewer than 400 hours but at least one hour during the year still qualifies for loan forgiveness for the year if the Minister is of the opinion that the borrower was unable to work because they had an illness, a disability or a bodily injury or were quarantined; were providing care or support to a family member who had an illness, a disability or a bodily injury or who was quarantined; were pregnant or gave birth; or were caring for their newborn or newly adopted child. [Repealed, SOR/96-368, s. 20] The Minister, an appropriate authority or a body authorized by the Minister for a province may make a grant, other than a grant awarded under section 34 or 40.022, to a qualifying student who within 30 days after obtaining confirmation of their enrolment from an officer of the designated educational institution at which they are enrolled but no later than the last day of the confirmed period, submits the confirmation of enrolment has entered into a full-time direct loan agreement or a direct student loan agreement for the period of studies referred to in the certificate of eligibility in relation to repayment of the grant under subsection 40.04(2). An appropriate authority or a body authorized by the Minister for a province may make a grant for services and equipment to a qualifying student who has either a permanent disability or a persistent or prolonged disability and who [Repealed, SOR/2022-131, s. 6] meets the criteria set out in paragraphs 12(1)(a) and (b) of the Act; is not denied further student loans under section 15; is in need of exceptional education-related services or equipment that are required for the student to perform the daily activities necessary to pursue studies at a post-secondary school level and that are indicated in the List of Eligible Exceptional Education-related Services and Equipment, as amended from time to time, published in the Canada Gazette Part I; and has used the grants previously made to the student under this section for the purpose for which they were intended. The qualifying student must apply for the grant in the prescribed form to the appropriate authority or other body; provide, with that application, a document or documents that demonstrate that the student has a permanent disability or persistent or prolonged disability; and provide, with that application, written confirmation that the student is in need of exceptional education-related services or equipment from a person qualified to determine such need. The maximum amount of the grant shall be $20,000 for a loan year. [Repealed, SOR/2005-152, s. 8] [Repealed, SOR/98-402, s. 6] [Repealed, SOR/2009-143, s. 6] [Repealed, SOR/98-402, s. 7] The Minister, an appropriate authority or a body authorized by the Minister for a province may make a grant for part-time studies to a qualifying student who is qualified for enrolment or is enrolled as a part-time student; has successfully completed all courses in respect of which a grant was previously made to the student under this section; and has a family income that is no more than the applicable annual income threshold for their family size in accordance with Table 1 of Schedule 4. [Repealed, SOR/2009-143, s. 8] The qualifying student must apply for the grant in the prescribed form to the appropriate authority or other body. The grant for each loan year shall not exceed the lesser of the amount the student needs as determined under subsection 12(2) of the Act; $1,800; and the amount determined by the following formula: is $1,800, is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 2 of Schedule 4 from the student’s family income, and is the annual phase-out rate set out in column 3 of Table 2 of Schedule 4. Despite subsection (3), the grant for the loan year commencing on August 1, 2025 is the lesser of the amount the student needs as determined under subsection 12(2) of the Act, $2,520, and is $2,520, is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 7 of Schedule 4 from the student’s family income, and is the annual phase-out rate set out in column 3 of Table 7 of Schedule 4. The Minister, an appropriate authority or a body authorized by the Minister for a province may make a grant for students with dependants to a qualifying student who is qualified for enrolment or is enrolled as a full-time student; has one or more dependants; meets the criteria set out in paragraphs 12(1)(a) and (b) of the Act; and is not denied further student loans under section 15. [Repealed, SOR/2018-31, s. 7] The grant, for each dependant for each month of study, is the lesser of $200 and the amount determined by the following formula: is $200, is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 3 of Schedule 4 from the student’s family income, and is the monthly phase-out rate set out in column 3 of Table 3 of Schedule 4. Despite subsection (2), the grant for the loan year commencing on August 1, 2025 is, for each dependant for each month of study, the lesser of $280 and the amount determined by the formula is $280; is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 8 of Schedule 4 from the student’s family income; and is the monthly phase-out rate set out in column 3 of Table 8 of Schedule 4. needs an amount as determined under subsection 12(2) of the Act in excess of the maximum amount payable to the student under subsection 38(3) or (4); [Repealed, SOR/2018-31, s. 8] The grant for each loan year is the lesser of the amount the qualifying student needs as determined under subsection 12(2) of the Act; in the case of an eligible student who has one or two dependants, the amount determined by the following formula, to a maximum of $40 per week of study: is $40, is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 4 of Schedule 4 from the student’s family income, is the weekly phase-out rate set out in column 3 of Table 4 of Schedule 4, and is the number of weeks of study, and three or more dependants, the amount determined by the following formula, to a maximum of $60 per week of study: is $60, is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 5 of Schedule 4 from the student’s family income, is the weekly phase-out rate set out in column 3 of Table 5 of Schedule 4, and is the number of weeks of study; and $1,920. Despite subsection (2), the grant for the loan year commencing on August 1, 2025 is the lesser of one or two dependants, the amount determined by the following formula, to a maximum of $56 per week of study: is $56, is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 9 of Schedule 4 from the student’s family income, is the weekly phase-out rate set out in column 3 of Table 9 of Schedule 4, and three or more dependants, the amount determined by the following formula, to a maximum of $84 per week of study: is $84, is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 10 of Schedule 4 from the student’s family income, is the weekly phase-out rate set out in column 3 of Table 10 of Schedule 4, and $2,688. [Repealed, SOR/2005-47, s. 1] [Repealed, SOR/98-402, s. 9] [Repealed, SOR/2009-143, s. 11] The Minister, an appropriate authority or a body authorized by the Minister for a province may make a grant to a qualifying student who has either a permanent disability or a persistent or prolonged disability and who [Repealed, SOR/2022-131, s. 8] In order to obtain a grant, a qualifying student shall provide, with their loan application, a document or documents that demonstrate that the student has a permanent disability or a persistent or prolonged disability. The grant for a loan year shall be $2,000. Despite subsection (3), the grant for the loan year commencing on August 1, 2025 is $2,800. The Minister, an appropriate authority or a body authorized by the Minister for a province may make a grant to a qualifying student who is qualified for enrolment or is enrolled as a full-time student in a program of studies of at least two years’ duration that leads to a degree, certificate or diploma not beyond the undergraduate level; The maximum amount of the grant for each month of study shall be the lesser of $375 and the amount determined by the following formula: is $375, is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 6 of Schedule 4 from the student’s family income, and is the monthly phase-out rate set out in column 3 of Table 6 of Schedule 4. Despite subsection (2), for the loan year commencing on August 1, 2025, the maximum amount of the grant for each month of study is the lesser of $525 and the amount determined by the formula is $525; is the result obtained by subtracting the applicable annual income threshold for their family size in accordance with Table 11 of Schedule 4 from the student’s family income; and is the monthly phase-out rate set out in column 3 of Table 11 of Schedule 4. [Repealed, SOR/2018-31, s. 9] Beginning in 2018, the annual income thresholds set out in column 2 of Tables 1, 2, 3, 4, 5 and 6 of Schedule 4 are adjusted on August 1st of each year by the annual percentage increase to the Consumer Price Index for the previous calendar year, rounded to the nearest dollar. The adjustment applies for that loan year. [Repealed, SOR/2023-157, s. 8] If the thresholds determined in accordance with subsection (1) are less than those applicable for the previous loan year, no adjustment is to be made and the thresholds applicable for the previous loan year continue to apply for that loan year. The Minister, an appropriate authority or a body authorized by the Minister for a province may make a transition grant with respect to a qualifying student who is not denied further loans under section 15; received a Millennium Bursary for the 2008–2009 school year and has not ceased since that year to be a full-time student under section 8; has received no more than $25,000, in the aggregate, of grants under this section, sections 40.02 and 40.021, and Canada Millennium Scholarships other than awards under the Millennium Excellence Awards Program; has received the grants under this section, the grants referred to in sections 40.02 and 40.021 and Canada Millennium Scholarships other than awards under the Millennium Excellence Awards Program, in respect of no more than 32 months of study; and has received the grant for no more than three consecutive loan years. The amount of the grant for a loan year shall be the amount that the student received as a Millennium Bursary in the 2008–2009 school year minus any amount that the student is entitled to receive under section 40.02 or 40.021 for that loan year. In this section, Millennium Bursary means a bursary awarded under the Millennium Bursary Program other than a Millennium Access Bursary, awards under the Millennium Excellence Awards Program and scholarships awarded under the World Petroleum Council Millennium Scholarship Program. The Minister shall pay to the appropriate authority or other body authorized by the Minister for a province the amount that the authority or other body requires to make Canada student grants to qualifying students for a loan year under this Part. Each appropriate authority or other body shall provide to the Minister at the end of each loan year, or on request of the Minister during a loan year, an accounting of all grants made to qualifying students by that appropriate authority or other body during that loan year or other period identified by the Minister. An appropriate authority or other body shall repay to the Minister any money provided for a loan year that is not given as grants in accordance with this Part. The overpayment becomes a debt due to Her Majesty in right of Canada on the day after the last day of that loan year. The Minister may, by written notice, require a person to repay all or part of a grant, other than a grant awarded under section 34 or 40.022, to the Minister if the person is no longer qualified for enrolment or is no longer enrolled as a full-time student or a part-time student, as the case may be, within 30 days after the first day of class unless unforeseen and unavoidable circumstances beyond the control of the person caused that change in status; if the person received the grant on the basis of providing inaccurate information or of failing to provide relevant information to the Minister, the appropriate authority or the body authorized by the Minister for a province; or if the appropriate authority determines that the person was not entitled to the grant as the result of a reassessment of the person’s need as determined under subsection 12(2) of the Act. The amount of the grant that is required to be repaid shall be converted into a direct loan. The Minister may, based on documentary evidence provided within six months after the date of notice of the requirement, cancel or amend a requirement for repayment made under paragraph (1)(a) if the requirement is not justified under that paragraph. Subject to subsection (2), for the purposes of paragraphs 17.1(1)(a), (b), (d), (f) and (g) of the Act, the prescribed period is as follows: if the amount of assistance awarded in excess of the amount to which the person would have otherwise been entitled is less than $4,000, one year, $4,000 or more but less than $6,000, two years, $6,000 or more but less than $8,000, three years, $8,000 or more but less than $10,000, four years, and $10,000 or more, five years; if the person is not a qualifying student, five years; and if administrative measures have already been taken in respect of the person under section 17.1 of the Act or section 18.1 of the Canada Student Loans Act, five years. If more than one period applies to the person under subsection (1), the prescribed period is the longest applicable period. Where the Minister makes a payment to a lender pursuant to subparagraph 5(a)(viii) or (ix) of the Act in respect of a risk-shared loan, Her Majesty in right of Canada is subrogated in and to all the rights of the lender in respect of the risk-shared loan and, without limiting the generality of the foregoing, all rights and powers of the lender in respect of the risk-shared loan; any judgment obtained by the lender in respect of the risk-shared loan; and any security held by the lender for the repayment of the risk-shared loan. Her Majesty in right of Canada is entitled to exercise all the rights, powers and privileges that the lender had or may exercise in respect of the loan, judgment or security, including the right to commence or continue any action or proceeding, to execute any release, transfer, sale or assignment, or in any way collect, realize or enforce the loan, judgment or security. [Repealed, 2005, c. 34, s. 78] [Repealed, SOR/2009-212, s. 6] [Repealed, SOR/2009-143, s. 18] These Regulations do not apply in respect of a confirmed period that begins before August 1, 2009. The loan forgiveness provided for in these Regulations applies in respect of a year beginning on or after April 1, 2012. An application for loan forgiveness that is made in respect of a year that ends before the day on which these Regulations come into force is to be governed by the Canada Student Loans Regulations and the Canada Student Financial Assistance Regulations as they read immediately before that day. An under-served rural or remote community as defined in subsection 2(1) of the Canada Student Financial Assistance Regulations immediately before the day on which these Regulations come into force continues to be an under-served rural or remote community for the purposes of section 29 of those Regulations until November 1, 2027 or the day that is 6 months after the day on which a census is published by Statistics Canada, whichever is later.