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Canada Student Financial Assistance Regulations

Version of section 40.01 from 2022-08-01 to 2023-07-31:

  •  (1) The Minister, an appropriate authority or a body authorized by the Minister for a province may make a grant to a qualifying student who has either a permanent disability or a persistent or prolonged disability and who

    • (a) [Repealed, SOR/2022-131, s. 8]

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

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

  • (2) In order to obtain a grant, a qualifying student shall provide, with their loan application, a document or documents that demonstrate that the student has a permanent disability or a persistent or prolonged disability.

  • (3) The grant for a loan year shall be $2,000.

  • (4) Despite subsection (3), the grant for each of the loan years commencing on August 1, 2021 and August 1, 2022 is $4,000.

  • SOR/2005-152, s. 9
  • SOR/2009-143, s. 13
  • SOR/2020-144, s. 6
  • SOR/2021-138, s. 4
  • SOR/2022-131, s. 8

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