Canada Student Financial Assistance Regulations — 8
8 (1) 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 (a) the last day of the last confirmed period, (b) 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, (c) if an event referred to in any of paragraphs 15(1)(a) to (i) occurs, the applicable day referred to in that paragraph, and (d) the day on which an event referred to in any of paragraphs 15(10)(a) to (d) occurs. (1.1) 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. (1.2) 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 (a) 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, (b) 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 (c) 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. (2) 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. (3) 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 (a) their social insurance number; (b) a list of their outstanding student loans, guaranteed student loans and provincial loans; (c) a copy of the posting message; and (d) 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). (4) 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 (a) on which the Minister determines that the injur