Government of Canada / Gouvernement du Canada
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Canada Student Financial Assistance Act

Version of section 7 from 2008-06-18 to 2011-12-31:

Marginal note:Interest-free period for full-time students

  •  (1) Subject to the regulations, no interest is payable by a borrower on a student loan prescribed by regulations made under paragraph 15(1)(j) in respect of any period of studies during which the borrower is a full-time student, or in respect of any subsequent period ending on the last day of the month in which the borrower ceases to be a full-time student.

  • Marginal note:No fees

    (2) No fee of any kind may be charged to a borrower on a student loan in respect of any period of studies, or a subsequent period, referred to in subsection (1).

  • 1994, c. 28, s. 7
  • 2008, c. 28, s. 110
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