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Canada Student Financial Assistance Act

Version of section 11 from 2009-08-01 to 2024-05-01:

Marginal note:Severe permanent disability

 All rights of the lender against a borrower in respect of a student loan prescribed by regulations made under paragraph 15(1)(j) terminate if the Minister is satisfied, on the basis of information specified by the Minister and provided by or on behalf of the borrower, that the borrower, by reason of the borrower’s severe permanent disability, is unable to repay the student loan and will never be able to repay it, and in that event the Minister shall pay to the lender the amounts referred to in subparagraph 5(a)(iii).

  • 1994, c. 28, s. 11
  • 2008, c. 28, s. 106

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