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Canada Student Financial Assistance Regulations

Version of section 23 from 2006-03-22 to 2009-07-31:

  •  (1) The Minister shall reconsider a borrower's application for a special interest-free period if

    • (a) the borrower's application has been rejected for the sole reason that the borrower did not meet the criterion set out in paragraph 19(e);

    • (b) the borrower makes a request to the Minister in writing for that reconsideration; and

    • (c) the borrower provides documentary proof that unforeseen and unavoidable circumstances beyond the control of the borrower and, if applicable, the borrower's spouse or common-law partner, have caused the borrower to incur exceptional expenses.

  • (2) Where the Minister reconsiders an application in accordance with subsection (1), the Minister, after taking into consideration the value of the expenses referred to in paragraph (1)(c) and the monthly instalments referred to in subparagraph 19(e)(ii), shall make a decision and provide notice in accordance with section 22 or 22.1, as the case may be.

  • SOR/96-368, s. 17
  • SOR/2000-290, s. 19
  • SOR/2001-230, s. 3

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