At the mercy of subsections (2) and (3), anyone turned into a bankrupt in concept of the fresh new

(5) This new document verifying enrolment must be offered for the a type acknowledged of the Minister and may end up being certified of the institution within that the private is signed up.

(6) The person need to allow the done file labeled during the subsection (5) into Minister timely abreast of getting enlisted given that revealed during the subsection (3).

(7) Subject to part 27, the individual are a qualifying college student around which section beginning to the the original day’s that point off investigation.

twenty six. (1) Even though an individual does not comply with section 25, the individual is a qualifying student during a period of study for which he or she does not receive a grant or student loan if he or she establishes to the satisfaction of the Minister that,

(b) the brand new facts which might be needed in buy to acquire a document confirming enrolment around condition 25 (3) (a), (b), (c) otherwise (d) occur.

(2) Susceptible to section 27, the person is actually a qualifying student under this area beginning for the the original day’s the period out of research.

1. Anyone ceases become subscribed to the brand new recognized system out-of analysis in respect where their unique newest see out of assessment is issued.

4. The applying regarding analysis where the private is enrolled at this new recognized establishment stops to be an approved program off study.

7. Bankruptcy and Insolvency Operate (Canada) or entered into another recognized arrangement for debt settlement and, if the event occurred during a period of study, the period of study ends.

The person reduces their way load underneath the minimal necessary way load into period of data regarding the approved system from data

(2) Despite paragraph 7 of subsection (1), an individual shall continue to be a qualifying student after the end of the period of study during which he or she became a bankrupt within the meaning of the Case of bankruptcy and you will Insolvency Act (Canada) or entered into another recognized arrangement for debt settlement until such time as is determined under subsection (3) if,

(ii) in the event the around three-season several months described during the subclause (i) stops during a period of analysis, the final day of that point out-of analysis;

(b) your day the individual finishes the new accepted program of study the guy otherwise she are enrolled in during the time the event revealed during the section 7 of subsection (1) occurred; otherwise

The college of which anyone was enlisted ceases become an approved business or even to become described of the condition twenty five (3) (b), (c) otherwise (d)

(c) the day anyone stops is subscribed to the newest acknowledged program regarding study he/she are enrolled in at the date case discussed within the part eight regarding subsection (1) occurred.

(4) Paragraph 7 away from subsection (1) and you may subsections loans in New Mexico (2) and (3) just affect occurrences explained from inside the paragraph seven of subsection (1) one to happened towards the or just after .

(5) Shortly after a single ceases becoming a being qualified beginner, they are necessary to enter a binding agreement around part twenty-eight to combine each one of their unique college loans made according to the Work.

twenty-eight. (1) If an individual has entered into a master student financial assistance agreement under this Regulation, he or she shall enter into a consolidated loan agreement with the Minister after the individual ceases to be a qualifying student.

(2) An excellent consolidated mortgage arrangement registered with the significantly less than which Regulation will implement to all the education loan arrangements that personal has registered into the.

(3) In case the personal will not enter good consolidated loan contract inside six months shortly after ceasing to-be a qualifying college student, area 31 can be applied until he/she do go into including a binding agreement.