Canada Student Financial Assistance Regulations

38 (1) The Minister, an appropriate authority or a body authorized by the Minister for a province may make a grant for part-time studies to a qualifying student who

• (a) is qualified for enrolment or is enrolled as a part-time student;

• (b) meets the criteria set out in paragraphs 12(1)(a) and (b) of the Act;

• (c) is not denied further student loans under section 15;

• (c.1) has successfully completed all courses in respect of which a grant was previously made to the student under this section; and

• (d) has an annual family income that is equal to or less than the applicable income threshold indicated in the Income Threshold Table, as amended from time to time, published in the Canada Gazette Part I, taking into consideration the number of persons comprising the borrower, the borrower's spouse or common-law partner and their dependants.

• (e) [Repealed, SOR/2009-143, s. 8]

(2) The qualifying student must apply for the grant in the prescribed form to the appropriate authority or other body.

(3) The grant for each loan year shall not exceed the lesser of

• (a) the amount the student needs as determined under subsection 12(2) of the Act, and

• (b) $1,200.