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

Version of section 14.3 from 2012-08-01 to 2018-07-31:

 A certificate of eligibility is to be denied to a qualifying student

  • (a) who

    • (i) is 22 years of age or more when applying for the first time for financial assistance,

    • (ii) in the 36 months before making the application, has had at least three instances when an instalment on three or more loans or other debts each of which is higher than $1,000 was more than 90 days overdue, and

    • (iii) had control over the circumstances that led to the overdue instalments; or

  • (b) who is qualified for enrolment or is enrolled as a part-time student and who has an annual family income that is more than the applicable income threshold set out in Table 2 of Schedule 3.

  • SOR/98-402, s. 2
  • SOR/2001-462, s. 1
  • SOR/2012-78, s. 1
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