43. The following persons are not eligible for financial assistance for studies in vocational training at the secondary level or for studies at the postsecondary level:(1) any person who, pursuant to section 29, must reimburse an amount received as a loan, as long as this amount has not been reimbursed, unless an agreement as to terms and conditions of reimbursement has been reached with the Minister;
(2) any person who, pursuant to section 42, must reimburse an amount received as a bursary, as long as this amount has not been reimbursed, unless an agreement as to terms and conditions of reimbursement has been reached with the Minister or unless the Minister has informed the person of the Minister’s intention to offset the amount against the amount of a bursary or to require the financial institution to withhold the amount, in the Minister’s favour, upon payment of an authorized loan;
(3) any person who, without being entitled to it, received financial assistance as a result of a false declaration which had the effect of increasing the amount allocated or rendering that person eligible, for a period of two years from the date on which the Minister becomes aware of the false declaration or until the amount is reimbursed if this is not done within two years.