At the mercy of subsections (2) and (3), anyone became a bankrupt in meaning of the fresh new

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At the mercy of subsections (2) and (3), anyone became a bankrupt in meaning of the fresh new

At the mercy of subsections (2) and (3), anyone became a bankrupt in meaning of the fresh new

(5) The brand new file guaranteeing enrolment need to be given during the an application acknowledged of the Minister and really should getting specialized because of the organization from the that private was enrolled.

(6) Anyone must supply the done document referred to into the subsection (5) to your Minister punctually through to as enlisted while the discussed inside subsection (3).

(7) Susceptible to part twenty-seven, the person is a being qualified college student lower than so it section birth into the the original day of that time out of analysis.

26. (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 latest factors that will be required in purchase locate a file confirming enrolment less than condition twenty five (3) (a), (b), (c) otherwise (d) can be found online installment loans Delaware.

(2) Susceptible to area twenty-seven, anyone was a being qualified scholar around that it section birth for the the first day’s that time regarding data.

1. The individual stops become enrolled in the brand new recognized system of research in respect of which his or her current find regarding comparison are granted.

cuatro. The application form regarding research where in fact the individual try signed up at the fresh accepted institution ceases is a prescription program regarding research.

7. Bankruptcy proceeding and you may Insolvency Act (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 individual minimizes their particular movement weight below the minimum required way weight for the ages of study on recognized system away from studies

(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 Bankruptcy proceeding and you can Insolvency Operate (Canada) or entered into another recognized arrangement for debt settlement until such time as is determined under subsection (3) if,

(ii) in case the three-12 months period discussed within the subclause (i) concludes over a period of investigation, the final day’s that point out of analysis;

(b) a single day the individual finishes the fresh new recognized system away from investigation the guy or she is actually enrolled in during the time the function discussed inside section eight of subsection (1) occurred; or

The institution from which anyone is enlisted stops is an approved establishment or even to be revealed from the clause 25 (3) (b), (c) otherwise (d)

(c) the day the person ceases to be subscribed to the fresh new acknowledged system of analysis she or he are enrolled in within day the event discussed in part eight off subsection (1) happened.

(4) Section 7 of subsection (1) and you may subsections (2) and you can (3) merely apply at situations discussed into the section eight from subsection (1) you to occurred towards otherwise just after .

(5) Immediately after one stops getting a being qualified beginner, he is necessary to enter a contract lower than point 28 to help you consolidate each of their unique college loans produced according to the Act.

28. (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) A consolidated financing agreement inserted to your significantly less than which Control will apply to student loan agreements the individual provides registered into.

(3) When your private cannot enter into an excellent consolidated financing agreement in this half a year immediately after ceasing getting a being qualified student, section 30 can be applied until he or she does get into instance a contract.

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