Qualifying Educational Program definition

Qualifying Educational Program means a program at a post-secondary school level of not less than three consecutive weeks duration that requires each student taking the program to spend not less than 10 hours per week on courses or work in that program.
Qualifying Educational Program has the meaning ascribed to such term in subsection 146.1(1) of the Tax Act which defines a qualifying educational program as a program at a post-secondary school level of not less than three consecutive weeks duration that requires that each student taking the program spend not less than ten hours per week on courses or work in the program.
Qualifying Educational Program means a program at a post-secondary school level of not less than three consecutive weeks duration that requires that each student taking the program spend not less than ten hours per week on courses or work in the program. The total amount of Educational Assistance Payments paid to or for a Beneficiary (from BMO (Advisor) RESPs) where the Beneficiary has not been enrolled, during the preceding 12 months, for at least 13 consecutive weeks in a “qualifying educational program” at a post- secondary educational institution cannot exceed $5,000. (unless a greater amount is approved in writing by the Minister designated for the purposes of the Canada Education Savings Act).

Examples of Qualifying Educational Program in a sentence

  • The Subscriber agrees that the Subscriber or the Beneficiary shall contact the Foundation to ensure that the educational program in which the Beneficiary proposes to enroll is a Qualifying Educational Program, and that the educational institution at which the Beneficiary proposes to attend is an Eligible Institution.

  • The Beneficiary shall be eligible to qualify for up to four Education Payments during the four-year period starting in the Year of Commencement as long as the Beneficiary attends an Eligible Institution in a Qualifying Educational Program.

  • Payments will be made to or for the Plan Beneficiary as an Educational Assistance Payment during the 6 month period following the time when the Plan Beneficiary ceased to be enrolled as a student in a Qualifying Educational Program or a Specified Educational Program provided that ATBSI received satisfactory instructions and the other requirements for payment would have been satisfied if the payment had been made immediately before the Plan Beneficiary ceased to be enrolled.

  • A Qualifying Educational Program is full- time, for a minimum of 3weeks, 10 hours per week or 13 weeks if outside Canada.If there is more than one qualified student within the Agreement, the subscriber will determine the amounts payable to each student.

  • Such correction also requires the consent of the Clearing House.No correction may be effectuated later than on the business day after the NFSI was published.


More Definitions of Qualifying Educational Program

Qualifying Educational Program means a program of no less than three consecutive weeks’ duration that requires that each student taking the program spend no less than 10 hours per week on courses or work in the program and, in respect of a program at a Designated Educational Institution in Canada , that is a program at a post-secondary school level;
Qualifying Educational Program means a program or course of study which meets one or more of the minimum competencies defined in the Commission-approved models entitled “The Sales Agent Course,” “The Associate Broker Course” or “The Designated Broker Course.” These courses shall be sponsored by a degree-granting institution, a proprietary school or a public school adult education program that follows the Commission-established procedure for approval.
Qualifying Educational Program means a program at a post-secondary school level of at least three (3) consecutive weeks duration that requires each student taking the program spend at least ten (10) hours per week on courses or work in the program;
Qualifying Educational Program means a program of not less than 3 consecutive weeks duration that provides that each student taking the program spend not less than 10 hours per week in respect of a program at a Designated Institution or that otherwise meets the requirements of the definition of Qualifying Educational Program as defined for the purposes of section 146.1 of the Act.
Qualifying Educational Program means a program of not less than thirteen (13) consecutive weeks duration that provides that each student taking the program spend not less than 10 hours per week on courses or work in the program but does not include a program if the program is taken by the student (i) during a period in respect of which the student receives income from an office or employment, and (ii) in connection with, or as part of the duties of, that office or employment.
Qualifying Educational Program means a program at a post-secondary school level of not less than three consecutive weeks duration that requires that each student taking the program spend not less than ten hours per week on courses or work in the program. The total amount of Educational Assistance Payments paid to or for a Beneficiary (from all BMO RESPs) where the Beneficiary has not been enrolled, during the preceding 12 months, for at least 13 consecutive weeks in a
Qualifying Educational Program means a program at a Post-Secondary School Level of not less than 3 consecutive week’s duration that requires that each student taking the program spend not less than 10 hours per week on courses or work in the program.(w) Refund of Payments means(i) a refund of a contribution, if the contribution was made otherwise than by way of a transfer from another RESP, or(ii) a refund of an amount that was paid into the Plan by way of a transfer from another RESP, where the amount would have been a refund of payments under the other RESP if it had been paid directly to a subscriber under the other RESP.(x) RESP means a “registered education savings plan” as defined in the Applicable Tax Legislation.(y) RESP Lifetime Limit means the “RESP lifetime limit” as defined in the Applicable Tax Legislation.(z) RRSP means a registered retirement savings plan as defined in the Applicable Tax Legislation.(aa) Specified Educational Program means a program at a Post-Secondary School Level of not less than three consecutive week’s duration that requires each student taking the program to spend not less than 12 hours per month on courses in the program.(bb) Subscriber, at any time, means,(i) each individual (other than a trust) or the public primary caregiver (as defined in the Applicable Tax Legislation) identified as a Subscriber in the Application,(ii) another individual (other than a trust) or another public primary caregiver who has before that time, under a written agreement, acquired a public primary caregiver’s rights as a Subscriber under the Plan,(iii) an individual who has before that time acquired a Subscriber’s rights under the Plan pursuant to a decree, order or judgment of a competent tribunal, or under a written agreement, relating to a division of property between the individual and a Subscriber under the Plan in settlement of rights arising out of, or on the breakdown of, their marriage or common-law partnership, or(iv) after the death of an individual described in any of (i) and (ii) above, any other person (including the estate of the deceased individual) who acquires the individual’s right as a subscriber under the Plan or who makes contributions into the Plan in respect of a Beneficiary,but does not include an individual whose rights as a Subscriber under the Plan had, before that time, been acquired by an individual in the circumstances described in (ii) above.Where 2 individuals are identified as Subscribers in the Application, each individual must be a spo...