Ministère de l'Emploi et de la Solidarité sociale
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A-13.3 - Act respecting financial assistance for education expenses

Section 40
Disposition versions

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40. After having been notified in accordance with the provisions of paragraph 1 of section 39, or after having been otherwise informed of a change which may affect the amount of financial assistance to be granted to a student, the Minister shall reconsider the duly completed file of the student and render his decision.
Where, as a result of the Minister’s decision, the amount of financial assistance is increased, the Minister shall notify the student and, where applicable, the financial institution of the additional amount granted and of any special terms and conditions of payment established by the Minister.
Where, as a result of the Minister’s decision, the amount of a loan is reduced, the Minister shall recover the amount of the reduction from the amount of any future financial assistance, in accordance with the rules prescribed by regulation, after notifying the student.
1990, c. 11, s. 40; 1997, c. 90, s. 8; 2003, c. 17, s. 33.
40. After having been notified in accordance with the provisions of paragraph 1 of section 39, or after having been otherwise informed of a change which may affect the amount of financial assistance to be granted to a student, the Minister shall reconsider the duly completed file of the student and render his decision.
However, except in the case provided for in the third paragraph, in no case may the decision reduce the amount of or cancel a loan which has already been contracted.
Where, as a result of the Minister’s decision, the amount of a loan already contracted is reduced and the amount of the bursary is increased, the additional amount of bursary shall be paid to the financial institution so that it may be applied to the repayment of the loan, up to the amount of that reduction.
1990, c. 11, s. 40; 1997, c. 90, s. 8.
40. After having been notified in accordance with the provisions of paragraph 1 of section 39, or after having been otherwise informed of a change which may affect the amount of financial assistance to be granted to a student, the Minister shall reconsider the duly completed file of the student and render his decision.
However, in no case may the decision reduce the amount of or cancel a loan which has already been contracted.
1990, c. 11, s. 40.
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