NunavutBill 15First Reading
Bill 15: An Act to Amend the Student Financial Assistance Act
Introduced October 23, 2026Checked October 24, 2026
Read the official textOfficial version — Legislative Assembly of Nunavut
Latest development
Received first reading on .
Next: Second Reading debate
What this bill does
This bill amends Nunavut's Student Financial Assistance Act to double the maximum student loan limit from $150,000 to $300,000 (minus any grants the student is eligible to receive).
Plain-language summary by Legisail — not legal advice.
Business impact
This bill primarily affects Nunavut students and the territorial government's student lending program rather than private businesses directly. Financial institutions or educational institutions that work alongside Nunavut's student assistance program may see some indirect effects, but there is no meaningful impact on typical private-sector businesses. The amendment is narrowly focused on public student lending limits in Nunavut.
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Where this bill is
First ReadingOctober 23, 2026
Next: Second Reading debate
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- Bill number
- 15
- Type
- Government
- Jurisdiction
- Nunavut
- Session
- 7-2
- Takes effect
- On Royal Assent