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Northwest TerritoriesBill 28Royal Assent

Bill 28: An Act to Amend the Student Financial Assistance Act, No. 2

Introduced May 28, 2025Checked September 5, 2026
Read the official textOfficial version — Legislative Assembly of the Northwest Territories

What this bill does

This bill amends the Student Financial Assistance Act in the Northwest Territories to increase the maximum funding amounts available for student financial assistance, raising the cap to $45 million for 2024-2025 and $55 million for 2025-2026 and subsequent fiscal years.

Plain-language summary by Legisail — not legal advice.

Business impact

This bill primarily affects the Government of the Northwest Territories and students seeking financial aid, rather than private businesses directly. Post-secondary institutions operating in or serving NWT students — such as Aurora College or private career colleges — may see increased enrollment as more students can access funding. Businesses that rely on a skilled local workforce, particularly in trades, healthcare, and resource sectors across the NWT, could indirectly benefit from more residents being able to complete post-secondary or vocational training. The impact on any individual private business is minimal and indirect.

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Where this bill is

First ReadingMay 28, 2025
Second ReadingMay 29, 2025
CommitteeOctober 20, 2025
Third ReadingOctober 21, 2025
Royal AssentOctober 31, 2025
Now law — awaiting coming into force

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At a glance

Bill number
NT-028
Type
Government
Jurisdiction
Northwest Territories
Session
20-1
Official record