Canada Student Financial Assistance Regulations

12.2 (1) Subject to sections 12.1 and 15, a borrower continues to be or again becomes a part-time student if

• (a) they have entered into a direct student loan agreement with the Minister;

• (b) an officer of the designated educational institution or the appropriate authority, as the case may be, has submitted a confirmation of enrolment to the Minister and to the branch of any lender to which they are indebted under a risk shared loan agreement or guaranteed student loan agreement;

• (c) the appropriate authority has submitted a certificate of eligibility to the Minister and to the branch of any lender to which the borrower is indebted under a risk-shared loan agreement or guaranteed student loan agreement; and

• (d) the borrower has, on request, paid to the Minister or any lender, as the case may be, any interest payable on any outstanding loan, to the day before the first day of the confirmed period.

(2) When the requirements set out in subsection (1) have been met, the borrower

• (a) again becomes a part-time student on the day on which those requirements have been met, if more than six months have elapsed between the last day of the previous confirmed period and the first day of the current confirmed period; and

• (b) continues to be a part-time student on and after the day following the last day of the previous confirmed period, where not more than six months have elapsed between the last day of that period and the first day of the current confirmed period.