BC Student Grant definition

BC Student Grant means any non-repayable assistance made under the BCSAP.
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BC Student Grant means any non-repayable assistance made under the BCSAP. “BC Student Loan” means a British Columbia student loan made to a Full-Time Student under the BCSAP on or after August 1, 2000. “BCSAP” means the British Columbia Student Assistance Program, as modified from time to time, the requirements of which are posted at: ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇. The BCSAP is administered by BC (acting on its own or through its contractors or agents) or on behalf of BC by the BCA (acting on its own or through the NSLSC). “Canada Student Grant” means a grant made under the CSFAA. “Canada Student Loan” means a Direct Loan made under the CSFAA or Student Loan made under the CSFAA or CSLA. “CSFAA” means the Canada Student Financial Assistance Act and the Canada Student Financial Assistance Regulations, as in effect at any given time. “CSLA” means the Canada Student Loans Act and the Canada Student Loans Regulations, as in effect at any given time. “Direct Loan” means any loan made by Canada under section 6.1 of the CSFAA on or after August 1, 2000. “Financial Assistance” (a) when used in the MSFAA-Canada, means Direct Loans, Canada Student Grants, repayment assistance, interest-free periods and any other form of financial assistance provided under the CSFAA, directly or indirectly to you; or (b) when used in the MSFAA-BC, means BC Student Loans, BC Student Grants, debt management programs and any other form of financial assistance provided under the BCSAP, directly or indirectly to you. “Full-Time Student” status is maintained for a person, (a) who is enrolled in a minimum 60 percent full course load; or (b) who has a permanent disability, is enrolled in courses that constitute between 40 percent and 60 percent of a full course load and applies to be considered as a Full-Time Student; (c) whose primary occupation is the pursuit of studies in those courses; and (d) when used i) in the MSFAA-Canada, who otherwise complies with the requirements of the CSFAA, and ii) in the MSFAA-BC, who otherwise complies with the requirements of the BCSAP; PROVIDED THAT the definition of Full-Time Student when used in the MSFAA-BC will be applied and interpreted in a manner that is consistent with and that provides for equivalent effect as the definition of Full-Time Student when used in the MSFAA- Canada. “Lender” means a financial institution that is a party to an agreement with Canada, entered into under the CSFAA or the CSLA. “NSLSC” means the National Student Loans Service Centre which administers ...
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Examples of BC Student Grant in a sentence

  • You authorize your educational institution to refund to BC, as applicable, any fees that have been paid with the proceeds of your BC Student Loan or BC Student Grant for credit against any Outstanding Loan Balance you may have.

  • You authorize your educational institution to refund to BC, as applicable, any fees that have been paid with the proceeds of your B.C. Student Loan or B.C. Student Grant for credit against any Outstanding Loan Balance you may have.

  • This amount converted from a B.C. Student Grant to a B.C. Student Loan will be added to your Outstanding Loan Balance which you agree to repay in accordance with all applicable Terms and Conditions of the MSFAA-BC.

  • If your educational institution owes you a refund of tuition fees paid to the educational institution, you authorize your educational institution to refund to B.C., as applicable, any fees that have been paid with the proceeds of your B.C. Student Loan or B.C. Student Grant for credit against any Outstanding Loan Balance you may have.

  • If the amount of your BC Student Grant or BC Student Loan for any period during the term of this MSFAA-BC is reassessed because of a change in your status resulting from a correction, update, verification, or review, it may affect your future eligibility and the type and amount of future Financial Assistance you may receive.