GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Canada Student Financial Assistance Act — S-22.7 2
Definitions 2 (1) In this Act, appropriate authority , in respect of a province, means an appropriate authority designated for the province pursuant to subsection 3(1); ( autorité compétente ) designated educational institution means an institution of learning designated pursuant to subsection 3(1), and includes a specified educational institution within the meaning of the Canada Student Loans Act ; ( établissement agréé ) lender means a financial institution within the meaning of the Bank Act or other corporation that is a party to an agreement with the Minister entered into under section 5; ( prêteur ) Minister means such member of the Queen’s Privy Council for Canada as may be designated by the Governor in Council as the Minister for the purposes of this Act; ( ministre ) prescribed , in the case of a form or the information to be given on a form, means prescribed by the Minister and, in any other case, means prescribed by the regulations; ( Version anglaise seulement ) qualifying student means a person (a) who is a Canadian citizen, a person registered as an Indian under the Indian Act , a permanent resident as defined in subsection 2(1) of the Immigration and Refugee Protection Act or a protected person within the meaning of subsection 95(2) of that Act, (b) who is qualified for enrolment or is enrolled at a designated educational institution as a full-time student or part-time student for a period of studies at a post-secondary school level, and (c) who intends to attend a designated educational institution as a full-time student or part-time student for a period of studies described in paragraph (b) if it is financially possible for that person to do so. ( étudiant admissible ) Other definitions (2) In this Act, the words and expressions “borrower”, “consolidated student loan agreement”, “course”, “dental hygienist”, “dentist”, “early childhood educator”, “family income”, “family physician”, “financial assistance”, “full-time student”, “loan year”, “midwife”, “nurse”, “nurse practitioner”, “part-time student”, “period of studies”, “personal support worker”, “pharmacist”, “physiotherapist”, “post-secondary school level”, “program of studies”, “psychologist”, “severe permanent disability”, “social worker”, “student loan”, “student loan agreement”, “teacher” and “underserved rural or remote community” have the meanings assigned by the regulations. Words and expressions in relation to previous loan years (3) Words and expressions used in this Act have, when used in respect of a loan year before the loan year in which this section comes into force, the meanings assigned to them by the Canada Student Loans Act . Electronic documents and communication (4) A document or other communication under this Act or the regulations may be in electronic form, and a reference in this Act or the regulations to a document includes a document in electronic form. 1994, c. 28, s. 2; 2001, c. 27, s. 219; 2003, c. 15, s. 9; 2008, c. 28, s. 101; 2011, c. 24, s. 152; 2017, c. 20, s. 116 2024, c. 17, s. 158
Canada Student Financial Assistance Act — S-22.7
appropriate authority , in respect of a province, means an appropriate authority designated for the province pursuant to subsection 3(1); ( autorité compétente )
Canada Student Financial Assistance Act — S-22.7
designated educational institution means an institution of learning designated pursuant to subsection 3(1), and includes a specified educational institution within the meaning of the Canada Student Loans Act ; ( établissement agréé )
Canada Student Financial Assistance Act — S-22.7
lender means a financial institution within the meaning of the Bank Act or other corporation that is a party to an agreement with the Minister entered into under section 5; ( prêteur )
Canada Student Financial Assistance Act — S-22.7
Minister means such member of the Queen’s Privy Council for Canada as may be designated by the Governor in Council as the Minister for the purposes of this Act; ( ministre )
Canada Student Financial Assistance Act — S-22.7
prescribed , in the case of a form or the information to be given on a form, means prescribed by the Minister and, in any other case, means prescribed by the regulations; ( Version anglaise seulement )
Canada Student Financial Assistance Act — S-22.7 (a)
qualifying student means a person (a) who is a Canadian citizen, a person registered as an Indian under the Indian Act , a permanent resident as defined in subsection 2(1) of the Immigration and Refugee Protection Act or a protected person within the meaning of subsection 95(2) of that Act, (b) who is qualified for enrolment or is enrolled at a designated educational institution as a full-time student or part-time student for a period of studies at a post-secondary school level, and (c) who intends to attend a designated educational institution as a full-time student or part-time student for a period of studies described in paragraph (b) if it is financially possible for that person to do so. ( étudiant admissible )
Canada Student Financial Assistance Act — S-22.7 3
Designation of appropriate authorities 3 (1) For the purposes of this Act, the Minister may, by order, designate for a province (a) an appropriate authority, which authority may designate as designated educational institutions any institutions of learning in Canada that offer courses at a post-secondary school level, or any class of such institutions; and (b) an appropriate authority, which authority may designate as designated educational institutions any institutions of learning outside Canada that offer courses at a post-secondary school level, or any class of such institutions. Revocations and exclusions (2) An appropriate authority may revoke any designation made by it under subsection (1), and any designation made in respect of the province under the Canada Student Loans Act and, in the case of a designation of a class, may exclude any named institution from that designation.
Canada Student Financial Assistance Act — S-22.7 4
Agreements 4 (1) The Minister may enter into an agreement with an appropriate authority, or with an appropriate authority and the government of the province for which the authority was designated, respecting the exercise or performance of any of the authority’s powers, duties or functions under this Act or the regulations. Directives (2) The Minister may give directives to any appropriate authority respecting the exercise or performance of any of its powers, duties or functions under this Act or the regulations, and such directives are binding on the appropriate authority. Statutory Instruments Act (3) The Statutory Instruments Act does not apply in respect of directives given under subsection (2).
Canada Student Financial Assistance Act — S-22.7 6
Payments in accordance with agreement 6 Subject to this Act and the regulations, the Minister shall pay to a lender, in accordance with any agreement entered into under section 5, any amount that is payable by the Minister to the lender under the agreement.
Canada Student Financial Assistance Act — S-22.7 6.1
Agreements with qualifying students 6.1 (1) Subject to subsection (2), the Minister, or any person authorized by order of the Minister to act on the Minister’s behalf, may enter into an agreement with any qualifying student for the purpose of making a student loan. Financial terms and conditions (2) Any terms and conditions in the agreement that could have a financial impact on Her Majesty in right of Canada are subject to approval by the Governor in Council, on the recommendation of the Minister with the concurrence of the Minister of Finance. 2000, c. 14, s. 17; 2009, c. 2, s. 359
Canada Student Financial Assistance Act — S-22.7 6.2
Agreement with service provider 6.2 (1) The Minister may enter into an agreement with any corporation incorporated under the laws of Canada or a province and carrying on business in Canada (a “service provider”), respecting the administration of student loans made, or other forms of financial assistance provided, by the Minister. An agreement may provide for, but is not limited to, the following matters: (a) disbursing student loans or other forms of financial assistance on behalf of the Minister; (b) audits and adjustments in respect of payments made by the Minister under the agreement; (c) the manner of calculating the interest payable by the Minister to the service provider, including the amount on which interest is to be calculated and the rate of interest or the manner of determining the rate of interest; (d) the procedures to be followed by the service provider in making, collecting or otherwise dealing with a student loan and other forms of financial assistance; (e) the making of reports to the Minister respecting student loans and other forms of financial assistance; (f) the terms and conditions respecting the obligations of the Minister and the service provider under the agreement; and (g) the payment of compensation by the Minister to the service provider for the administration of student loans and other forms of financial assistance. Receipt and Deposit of Public Money Regulations, 1997 (2) Despite section 3 of the Receipt and Deposit of Public Money Regulations, 1997 , the portion of the following money that is public money and is collected or received electronically by a service provider that has entered into an agreement under subsection (1) shall be paid to the credit of the Receiver General by depositing it, within two business days after the day of collection or receipt, in an account established under subsection 17(2) of the Financial Administration Act : (a) money collected or received as repayment of financial assistance, as repayment of a guaranteed student loan as defined in subsection 2(1) of the Canada Student Loans Act or as payment of interest owing on that assistance or loan; and (b) interest received by the service provider on the money referred to in paragraph (a). Meaning of business day (3) In this section, business day means a day other than a Saturday or a holiday. 2000, c. 14, s. 17; 2008, c. 28, s. 103
Canada Student Financial Assistance Act — S-22.7 6.3
Agreement with financial institutions 6.3 Despite subsection 41(1) of the Financial Administration Act , the Minister may enter into an agreement with any financial institution, as defined in the regulations, with respect to the disbursement of student loans. 2000, c. 14, s. 17
Canada Student Financial Assistance Act — S-22.7 6.31
Exception — certain designated educational institutions 6.31 The Minister shall deny the provision of financial assistance to all those who are qualifying students in relation to a designated educational institution outside Canada that is private and for-profit and offers courses at a post-secondary school level. 2026, c. 3, s. 573
Canada Student Financial Assistance Act — S-22.7 6.4
Suspension or denial of financial assistance 6.4 The Minister may suspend or deny the provision of financial assistance to all those who are qualifying students in relation to a designated educational institution if the Minister is satisfied that there are compelling reasons to believe that the provision of the financial assistance would (a) facilitate the commission by the designated educational institution of an offence under this Act or any other Act of Parliament; or (b) expose the qualifying students or Her Majesty in right of Canada to significant financial risk. 2009, c. 2, s. 360
Canada Student Financial Assistance Act — S-22.7 6.5
Alignment with provincial decision 6.5 If a province has suspended or denied the provision of financial assistance in relation to a class of qualifying students, of designated educational institutions or of programs of studies at designated educational institutions, the Minister may do the same in relation to that class if the Minister is satisfied that there are compelling reasons to believe that the provision of the financial assistance would (a) facilitate the commission by the qualifying students or designated educational institutions of an offence under this Act or any other Act of Parliament; (b) constitute a risk to the integrity of the provision of financial assistance under this Act; or (c) expose the qualifying students or His Majesty in right of Canada to financial risk. 2026, c. 3, s. 574
Canada Student Financial Assistance Act — S-22.7 7
No accrual of interest 7 (1) Beginning on April 1, 2023, no interest is payable by a borrower on a student loan. Clarification (1.1) For greater certainty, nothing in this section relieves a borrower from liability for interest that accrued before April 1, 2023 on a student loan. No fees (2) No fee of any kind may be charged to a borrower on a student loan in respect of any period of studies during which the borrower is a full-time or part-time student or in respect of any subsequent period ending on (a) in the case of a student loan that is made to a full-time student, the last day of the sixth month after the month in which the borrower ceases to be a full-time student; and (b) in the case of a student loan that is made to a part-time student, the last day of the sixth month after the month in which the borrower ceases to be a student, whether a part-time or full-time student. 1994, c. 28, s. 7; 2008, c. 28, s. 110; 2011, c. 15, s. 18 2019, c. 29, s. 325 2022, c. 19, s. 156
Canada Student Financial Assistance Act — S-22.7 8
Payment deferred for full-time students 8 (1) Subject to the regulations, no amount on account of principal or interest in respect of a student loan prescribed by regulations made under paragraph 15(1)(j) that is made to a full-time student is required to be paid by the borrower until the last day of the seventh month after the month in which the borrower ceases to be a full-time student. Payment deferred for part-time students (2) Subject to the regulations, no amount on account of principal or interest in respect of a student loan that is made to a part-time student is required to be paid by the borrower until the last day of the seventh month after the month in which the borrower ceases to be a student, whether a part-time or full-time student. 1994, c. 28, s. 8; 2008, c. 28, ss. 104, 110
Canada Student Financial Assistance Act — S-22.7 9
Agreement to pay interest 9 (1) The Minister may enter into an agreement with a lender respecting the payment of interest, or a province respecting the payment of interest on provincial student loans, by borrowers who are referred to in a regulation that is made under paragraph 15(1)(k.2). Payment on behalf of reservist (2) If there is no agreement, the Minister may pay the interest on behalf of those borrowers. 1994, c. 28, s. 9; 1998, c. 21, s. 99; 2008, c. 15, s. 2 2022, c. 19, s. 157
Canada Student Financial Assistance Act — S-22.7 9.1
Personal information 9.1 Personal information , as defined in section 3 of the Privacy Act , that is under the control of a government institution , as defined in that section, shall, on request, be made available to the Minister for the purposes of a regulation that is made under paragraph 15(1)(k.1), (k.2) or (k.3). 2008, c. 15, s. 2 2022, c. 19, s. 158
Canada Student Financial Assistance Act — S-22.7 9.2
Portion of loan forgiven 9.2 (1) The Minister may forgive an amount in respect of a student loan to a borrower who meets the prescribed conditions and begins to work in an underserved rural or remote community as a (a) family physician; (b) nurse; (c) nurse practitioner; (d) early childhood educator; (e) dentist; (f) dental hygienist; (g) pharmacist; (h) midwife; (i) teacher; (j) social worker; (k) psychologist; (l) personal support worker; or (m) physiotherapist. Effective date of forgiveness (2) The forgiveness takes effect on the prescribed day. Agreement (3) For the purposes of subsection (1), the Minister may enter into an agreement with a lender for the purchase of a student loan made by the lender. 2011, c. 24, s. 153 2024, c. 17, s. 160
Canada Student Financial Assistance Act — S-22.7 9.3
Suspension of interest and payments 9.3 During the period that begins on March 30, 2020 and ends on September 30, 2020, (a) no interest is payable by a borrower on a student loan prescribed by regulations made under paragraph 15(1)(j); and (b) no amount on account of principal and interest in respect of a student loan prescribed by regulations made under paragraph 15(1)(j) is required to be paid by the borrower. 2020, c. 5, s. 54
Canada Student Financial Assistance Act — S-22.7 9.4
Suspension of interest 9.4 During the period that begins on April 1, 2021 and ends on March 31, 2023, no interest is payable by a borrower on a student loan. 2021, c. 7, s. 7 2021, c. 23, s. 266
Canada Student Financial Assistance Act — S-22.7 10
Death of borrower 10 (1) All obligations of a borrower in respect of a student loan prescribed by regulations made under paragraph 15(1)(j) terminate if the borrower dies, and in that event the Minister shall pay to the lender the amounts referred to in subparagraph 5(a)(iii). Death of borrower before this subsection in force (2) If a borrower dies before this subsection comes into force, then all obligations of that borrower in respect of such a student loan terminate on the day on which this subsection comes into force. 1994, c. 28, s. 10; 2009, c. 2, s. 361
Canada Student Financial Assistance Act — S-22.7 10.1
Death of borrower — section 6.1 loan 10.1 (1) All obligations of a borrower in respect of a loan made under an agreement entered into under section 6.1 terminate if the borrower dies. Death of borrower before this section in force (2) If a borrower dies before this section comes into force, then all obligations of that borrower in respect of such a loan terminate on the day on which this section comes into force. 2005, c. 30, s. 110
Canada Student Financial Assistance Act — S-22.7 11
Severe permanent disability 11 All rights of the lender against a borrower in respect of a student loan prescribed by regulations made under paragraph 15(1)(j) terminate if the Minister is satisfied, on the basis of information specified by the Minister and provided by or on behalf of the borrower, that the borrower, by reason of the borrower’s severe permanent disability, is unable to repay the student loan and will never be able to repay it, and in that event the Minister shall pay to the lender the amounts referred to in subparagraph 5(a)(iii). 1994, c. 28, s. 11; 2008, c. 28, s. 106
Canada Student Financial Assistance Act — S-22.7 11.1
Severe permanent disability — section 6.1 loan 11.1 All obligations of a borrower in respect of a loan made under an agreement entered into under section 6.1 terminate if the Minister is satisfied, on the basis of information specified by the Minister and provided by or on behalf of the borrower, that the borrower, by reason of the borrower’s severe permanent disability, is unable to repay the loan and will never be able to repay it. 2005, c. 30, s. 111; 2008, c. 28, s. 106
Canada Student Financial Assistance Act — S-22.7 12
Issue of certificates 12 (1) Subject to the regulations, the appropriate authority for a province designated under paragraph 3(1)(a) may, on application of a qualifying student, issue or cause to be issued a certificate of eligibility in the prescribed form, for a period of studies at a designated educational institution in or outside Canada, to or in respect of the student if that authority considers the student (a) to have attained a satisfactory scholastic standard; and (b) to be in need of financial assistance. Amount needed (2) Where the appropriate authority considers that a qualifying student meets the criteria set out in paragraphs (1)(a) and (b), it shall determine the amount the student needs, taking into consideration (a) the program of studies in which the qualifying student is registered; (b) the cost of books and other course-related supplies; and (c) whether the qualifying student is enrolled in an institution outside the province of residence of the student. Contents (3) A certificate of eligibility must set out the social insurance number of the qualifying student and the maximum amount of the financial assistance that may be given to the student. Maximum amount for certain full-time students (4) In the case of a full-time student, the maximum amount, for a province, of a student loan prescribed by regulations made under paragraph 15(1)(j), and in respect of which a certificate of eligibility is issued, is the lesser of (a) the amount prescribed for that province, and (b) the product obtained by multiplying (i) the amount determined under subsection (2) for the student by (ii) the percentage prescribed for that province. Escalator (5) The amount referred to in paragraph (4)(a) may be adjusted annually by an escalator determined in accordance with the prescribed formula. Maximum amount for part-time students (6) In the case of a part-time student, the maximum amount, for a province, of a student loan in respect of which a certificate of eligibility is issued is the prescribed amount. Maximum amount (7) The maximum amount of financial assistance in respect of which a certificate of eligibility is issued, other than a loan to which subsection (4) or (6) applies, is the prescribed amount, or the amount calculated in accordance with the prescribed formulas. Idem (8) The maximum amount of financial assistance in respect of which a certificate of eligibility is not required is the prescribed amount, or the amount calculated in accordance with the prescribed formulas. 1994, c. 28, s. 12; 2008, c. 28, ss. 107, 110
Canada Student Financial Assistance Act — S-22.7 13
Maximum amount 13 The aggregate amount of student loans made under this Act that are outstanding may not exceed the prescribed amount. 1994, c. 28, s. 13; 2000, c. 14, s. 18; 2011, c. 24, s. 154
Canada Student Financial Assistance Act — S-22.7 14
or to a reduction in the outstanding principal resulting from the operation of regulations made under paragraph 15(1)(o), other than regulations that provide for the repayment of student loans by borrowers on an income-contingent basis. (d) [Repealed, 2022, c. 19, s. 159] Negative amounts (8) If the amount determined by the formula “(A + B) - (C + D)” in subsection (6) would, but for this subsection, be a negative amount, it is deemed to be zero. 1994, c. 28, s. 14; 2000, c. 14, s. 19; 2003, c. 15, s. 10; 2005, c. 30, s. 112; 2008, c. 28, s. 110 2022, c. 19, s. 159
Canada Student Financial Assistance Act — S-22.7 (a)
net per capita costs , for participating provinces for a loan year, means a fraction of which (a) the numerator is the amount by which the total program net costs for that loan year exceed the aggregate of the net costs for that loan year for all provinces that are not participating provinces in that loan year, and (b) the denominator is the estimated number of persons in the participating provinces who, on the first day of the loan year, have attained eighteen years of age and have not attained twenty-five years of age; ( coût net par tête )
Canada Student Financial Assistance Act — S-22.7 15
r qualifying students whose financial needs are greater than the maximum amount of the financial assistance that may be given to the student, for the classes of persons who are eligible for grants and for the circumstances in which all or part of a grant is to be repaid or converted into a loan; (q) prescribing anything that is to be prescribed by the regulations; and (r) generally, for carrying into effect the purposes and provisions of this Act. Maximum aggregate amount of outstanding student loans (1.1) On the Minister’s recommendation with the Minister of Finance’s concurrence, the Governor in Council may make regulations, for the purposes of section 13, (a) prescribing the aggregate amount of outstanding student loans that may not be exceeded; and (b) prescribing the student loans that are to be considered for the purposes of determining, at a given time, the aggregate amount of outstanding student loans. (2) [Repealed, 2013, c. 40, s. 234] 1994, c. 28, s. 15; 1998, c. 21, s. 100; 2000, c. 14, s. 20; 2005, c. 34, s. 63; 2008, c. 15, s. 3, c. 28, s. 108; 2011, c. 24, s. 155; 2013, c. 40, s. 234 2022, c. 19, s. 160