Canada Student Loans Act

Marginal note:Agreement to pay interest

• 5.1 (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 17(s.1) or (s.2).

• Marginal note:Payment on behalf of reservist

  (2) If there is no agreement, the Minister may pay the interest on behalf of those borrowers.