Denial, termination and immediate repayment. You agree that the following events may result in you being denied further Financial Assistance, interest-free status or you being required to immediately pay all or part of your Outstanding Loan Balance: a) you fail to make a regularly scheduled loan payment by the Loan Payment Due Date in accordance with the payment terms of the MSFAA-NB, and that failure continues for two consecutive months: b) you fail to make any regularly scheduled loan payment(s) by the Loan Payment(s) Due Date in accordance with the payment terms of the MSFAA-NB, and New Brunswick demands that you make the payment(s) and you demonstrably and unequivocally refuse to do so: c) you file for or have filed against you any bankruptcy-related proceeding: d) you seek relief under a provincial law relating to the orderly payment of debts that includes a NB Student Loan: e) you are found guilty of an offence under any Act of Parliament by reason of your conduct in obtaining or repaying a Student Loan or Financial Assistance; or f) you knowingly made a false statement or misrepresentation related to your application(s) for student financial assistance or other document and New Brunswick takes administrative measures under the PSFAA, and you agree to immediately repay the outstanding amount of your NB Student Loan(s), and NB Bursary/ies, as applicable, obtained as a result of making a false statement or misrepresentation.
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Samples: Master Student Financial Assistance Agreement, Master Student Financial Assistance Agreement, Master Student Financial Assistance Agreement
Denial, termination and immediate repayment. You agree that the following events may result in you being denied further Financial Assistance, interest-free status Assistance or you being required to immediately pay all or part of your Outstanding Loan Balance:
a) you fail to make a regularly scheduled loan payment by the Loan Payment Due Date in accordance with the payment terms of the MSFAA-NB, and that failure continues for two consecutive months:
b) you fail to make any regularly scheduled loan payment(s) by the Loan Payment(s) Due Date in accordance with the payment terms of the MSFAA-NB, and New Brunswick demands that you make the payment(s) and you demonstrably and unequivocally refuse to do so:
c) you file for or have filed against you any bankruptcy-related proceeding:
d) you seek relief under a provincial law relating to the orderly payment of debts that includes a NB Student Loan:
e) you are found guilty of an offence under any Act of Parliament by reason of your conduct in obtaining or repaying a Student Loan or Financial Assistance; or
f) you knowingly made a false statement or misrepresentation related to your application(s) for student financial assistance or other document and New Brunswick takes administrative measures under the PSFAA, and you agree to immediately repay the outstanding amount of your NB Student Loan(s), and NB Bursary/ies, as applicable, obtained as a result of making a false statement or misrepresentation.
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Denial, termination and immediate repayment. You agree that the following events may result in you being denied further Financial Assistance, interest-free status Assistance or you being required to immediately pay all or part of your Outstanding Loan Balance:
a) you fail to make a regularly scheduled loan payment by the Loan Payment Due Date in accordance with the payment terms of the MSFAA-NB, and that failure continues for two consecutive months:
b) you fail to make any regularly scheduled loan payment(s) by the Loan Payment(s) Due Date in accordance with the payment terms of the MSFAA-NB, and New Brunswick demands that you make the payment(s) and you demonstrably and unequivocally refuse to do so:
c) you file for or have filed against you any bankruptcy-related proceeding:
d) you seek relief under a provincial law relating to the orderly payment of debts that includes a NB Student Loan:
e) you are found guilty of an offence under any Act of Parliament by reason of your conduct in obtaining or repaying a Student Loan or Financial Assistance; or;
f) you knowingly made a false statement or misrepresentation related to your application(s) for student financial assistance or other document and New Brunswick takes administrative measures under the PSFAA, and you agree to immediately repay the outstanding amount of your NB Student Loan(s), and NB Bursary/iesBursary(ies), as applicable, obtained as a result of making a false statement or misrepresentation; or
g) you advise New Brunswick of your refusal to accept amendments to the Terms and Conditions of the MSFAA-NB made in accordance with section D.5 of the MSFAA-NB.
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