Canada Student Loans Regulations

4.1 Subject to paragraph 3(2)(b), a borrower ceases to be a full-time student on the earliest of

• (a) the last day of the last confirmed period,

• (b) the last day of the month in which the borrower no longer meets the applicable minimum percentage referred to in the definition "full-time student" in subsection 2(1), and

• (c) the day on which the borrower's interest-free period is terminated in accordance with subsection 9(4).