Once you have submitted an application for a Student Loan, the Student Assistance Office (SAO) of the Nova Scotia Department of Education may obtain/exchange/use your information in the following ways:
Your Educational Institution
The SAO may obtain information about your academic standing, attendance, awards, accommodations, and financial status.
Financial Institutions, Government Departments and Agencies, CMSF
The SAO may collect from and/or exchange information about me with financial institutions and government departments, agencies in Canada or elsewhere, and the Canada Millennium Scholarship Foundation (CMSF).
Registry of Motor Vehicles
The SAO may obtain any information about a motor vehicle registered in your name.
Canada Revenue Agency (CRA)
The SAO may obtain information from your income tax returns, and, if applicable, other required taxpayer information about you, your parent/s (if you are a single dependent student), or your spouse (if you are a married student), whether supplied by me or by a third party.
This information will be relevant to, and used solely for the purpose of determining and verifying your eligibility, entitlement for and the general administration and enforcement of the student loan program under the Canada Student Loans Act, the Canada Student Financial Assistance Act, and the Nova Scotia Student Aid Act.
Note: this information is taken directly from the 'Declaration & Tax Release' on the Student Loan application.