Does the maximum funding period relate to the number of semesters in the degree program or the number of semesters I am enrolled at the university?
The maximum funding period is your standard time to degree, which refers to the number of semesters required to complete the degree program.
If you, for example, decided to take leave from your degree program for one semester, then this would count as one of the semesters you were enrolled at the university but not as one of the standard number of semesters needed to complete the degree. What this means is that a semester of leave will not be treated as a semester that is required to complete the degree program and is thus not factored into the standard time to degree.
Please also refer to the "Individualized period of study due to the COVID-19 pandemic" which you can download from Campus Management.