His Excellency the Governor General of the Council, on the recommendation of the Minister of Employment and Immigration under sections 11Footnote * and 17Footnote ** of the Canada Student Loans Act, hereby repeals the Canada Student Loans Regulations issued by Order in Council P.C. 1981-2143 dated July 29, l981Footnote ***, and to publish the attached Canada Student Loans In Lieu regulations, effective August 1, 1993. 22 Where a competent authority or creditor has reason to believe that an application for a secured student loan or certificate of eligibility or any other document relating to a secured student loan contains a false statement or misrepresentation, the competent authority or creditor shall immediately provide the Minister with any information in support of the convictions. 3. If paragraph 2 is complied with, the assignor shall sign the assignment contract and immediately transmit to the transferee the borrower`s secured student loan agreements and all other documents relating to those agreements. (c) no judgment has been rendered against the borrower in respect of those loans; Here are the terms of your MSFAA if you are a full-time student residing in: (d) other reasonable disbursements that the lender actually incurs to collect or seek to recover the outstanding loan or protect the Minister`s interests. For example, if a student files full-time in Canada MSFAA but does not file their Alberta Student Assistance Agreement, they only receive their federal funding and vice versa. 10 (1) A borrower who has been the subject of a measure under subsection 9(3), (4) or (5) is entitled to an interest-free period, to repayment assistance under section 19 or 20 of the Canada Student Financial Assistance Regulations or to a loan exemption referred to in subsection 11.1(1) of the Act if, on or after the earlier date set out in paragraph 9(1)(a), (b) or (i) the day the measure was taken, (b) has paid all tranches requested by the borrower in accordance with the borrower`s secured student loan agreements up to the date of the application for assignment to the transferor, where none of the provisions referred to in point (a) is applicable to the borrower. (3) In a consolidated secured student loan agreement concluded in accordance with paragraph 1 or 2, the nominal amount of the loan and the period and frequency of payments to be made to repay that amount and the interest rate calculated on it at the interest rate determined in accordance with §§ 14 and 15 or §§ 16.2 to 16.4 shall be determined in accordance with § 8. as appropriate. Consolidated Secured Student Loan Agreement means a contract between a borrower who has ceased to be a full-time student in accordance with section 4.1 and the lender to whom the borrower is liable under ongoing secured student loan agreements entered into as a full-time student, and (11) Any amount paid by or on behalf of the borrower under subsection (10) must initially be in proportion to the loans full-time insured of the borrower and the loans accompanying the risks granted to the borrower as a full-time student, then prorated to the principal amount of these loans. (a) subject to paragraph 4(1) and (3) of the Act and Article 15 in respect of any guaranteed student loan granted before 1.

August 1993, for the period beginning on the applicable date referred to in paragraph 2 and ending on the last day of the sixth month following the month in which the borrower ceases to be a full-time student; and students submit their agreements directly to service providers and receive their funding payments from service providers. If a student`s agreements are incomplete or contain errors, the responsible service provider will attempt to contact the student to resolve the issue(s). (c) subject to subsections (2) and (3), if the Borrower defaults on an instalment payment, fails to enter into a consolidated secured student loan agreement under subsection 7 (1) or (2) or (2) or fails to comply with subsection 24 (3) of the Canada Student Financial Assistance Regulations within the period beginning on the date of three months after the date; on which the failure or failure began and ended 180 days after the day the failure or failure began; and all undisbursed funds will be cancelled if the agreements are not received by the service suppliers or if the problems related to the agreements are not resolved before the end date of the investigation period. (3) If the Minister grants the borrower`s application, the borrower is deemed to be a full-time student for a period of six months beginning on the first day of the month following the month in which the borrower would otherwise have ceased to study full-time, despite point 4.1. 8 (1) Every secured student loan shall be repaid in instalments that 4.1 (1) Subject to subsection 3(2)(b) and subsection 4(3), a borrower ceases to be a full-time student at the earliest (2) The loan allowance takes effect on the day after the end of the year. 23.1 (1) No assignment of a secured student loan agreement shall be made unless the borrower has (12) If a payment referred to in subsection 11 is credited in whole or in part by the nominal amount of a borrower`s guaranteed student loans, it shall first be credited to the nominal amount of the secured student loans to which subsection 1 or 3 of subsection 4 of the Act applies, then applied to the nominal amount of guaranteed student loans. to which Article 4(2) or (4) of the Law applies ….