Bill 40 — A Bill To Provide For Financial Assistance To Students (Legislature 13, Session 5)

L13 S5 6060

Alberta — Bills

No. 40 5th Session, 13th Legislature, Alberta 7 Elizabeth II, 1959 BILL 40 A Bill to provide for Financial Assistance to Students HON. MR. AALBORG Printed by L. S. WALL, Printer to the Queen's Most Excellent Majesty, Edmonton, Alberta, 1959

Explanatory Note General. This Bill replaces The Students Assistance Act, being

chapter 323 of the Revised Statutes under which loans can be made to students and grants may be made to students, student nurses or teachers in training. The Bill is based on the existing Act but the power to give assistance is broadened and more classes of "students" are made eligible to receive assistance. A Students Assistance Advisory Council is also established. The

section references in the explanatory notes are to the sections in the present Act. 2.

Definitions. 3. The Students Assistance Board is established. Under the present Act the Board is constituted as follows: "3. (1) ............. .

(2) The Board shall consist of (

a) The President of the University of Alberta or a member of the faculty of the University designated by the President to represent hIm, (

b) the Deputy Minister of Education or an officer of the Depart ment designated by the Deputy Minister to represent him, and (

c) such other persons not exceeding three as are appointed to the Board flom time to time by the LIeutenant Governor in Council." 4. The present

section 8. s. Power to give grants, bursaries, prizes and scholarships. See present

section 5. 6. Students Loan Fund established. Similar to present

section 4, subsection (1).

II LL No. 40 of 1959

An Act to provide for Financial Assistance to Students (Assented to , 1959) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. This Act may be cited as "The Students Assistance Act, 1959". 2. In this Act, (a) "Board" means the Students Assistance Board; (b) "Minister" means the Minister of Education; (c) "student" means a person eligible, under

section 8 to receive a loan, grant, bursary, prize or scholar ship. 3.

(1) There is hereby established the Students Assist ance Board.

(2) The Board shall consist of (

a) a chairman appointed by the Minister, (

b) a secretary appointed by the Minister, (0) a member of the faculty of the University of Al berta appointed by the President of the University, and (

d) such other persons as are appointed from time to time by the Minister.

(3) The Board may establish an executive committee of at least three members, two of whom shall be the chair man and the secretary. 4. The Board may set up committees, which may include persons other than members of the Board, for the purpose of considering applications for assistance and to make recommendations with respect to the nature and amount of assistance to be given. 5. From moneys appropriated for the purpose by the Legistlature, the Board may award grants, bursaries, prizes and scholarships to students upon such terms and condi tions as may be prescribed by regulation. ·6. The Provincial Treasurer shall establish a fund to be known as the Students Loan Fund into which shall be

2 7. Power to make loans-the present

section 4(2). a. Persons entitled to assistance. Under the present Act, assist ance can only be given in the form of loans to students at the University of Alberta or other approved colleges and universities when the course is not available at the University of Alberta. Grants may only be given to students eligible for loans, to student nurses at a school of nursing in the Province and to teachers in training at the University of Alberta. 9. Interest on loans. Under the present

section 6 interest com mences at the time the loan is made. 10. The present

section 7. ~ I.. The Students Assistance Advisory Council is established. ThIS IS a new body with advisory powers only.

2 deposited such moneys as are from time to time provided by the Legislature for the purposes of the fund. 7. Subject to the provisions of this Act and the regula tions the Board may make loans to students from the Stu dents Loan Fund. 8.

(1) A person is eligible to receive a loan, grant, bursary, prize or scholarship under this Act who is a bona fide resident of the Province and who is registered in a course of studies approved by the Board. (

a) at the University of Alberta, (

b) at a junior college established under The Public Junior Colleges Act, (

c) at the Banff School of Fine Arts, (

d) at any college or university when the course being taken if! not available at the University of Alberta, (

e) at any school of nursing in the Province, (

I) at the Provincial Institute of Technology and Art, a Provincial School of Agriculture or other publicly owned institution in the Province offering voca tional education, or (

g) at any high school in the Province operated under authority of The School Act.

(2) A loan, grant, bursary or scholarship may be award ed to a person enrolled in the Faculty of Graduate Studies of the University of Alberta whether or not he is a resi dent of the Province. 9.

(1) A loan made pursuant to this Act shall bear simple interest of three and one-half per cent per annum.

(2) The interest shall commence on the date the student completes his course of studies or withdraws from the course. 10.

(1) Moneys received as repayment of principal on loans shall be credited to the Students Loan Fund. (2) :rJoneys received as payment of interest on loans shall be deposited in the General Revenue Fund of the Province. 11.

(1) There is hereby established the Students Assist ance Advisory Council.

(2) The Council shall consist of (

a) the Deputy Minister of Education or an officer of the Department of Education designated by the Deputy Minister to represent him, (

b) the President of the University of Alberta or a member of the faculty of the University designated by the President to represent him, and (

c) such other persons, not exceeding twelve, as are appointed from time to time by the Minister.

3 12. Regulations. Similar to the present

section 9. 13. The money in the existing fund and owing under existing loans is to be deposited in the Fund established under this Act. 14. The present Act is repealed but the liability of students who have received loans under it is continued.

(3) The Deputy Minister of Education or the person designated to represent him shall be the chairman of the Council.

(4) The secretary of the Board shall be secretary to the Council.

(5) The Council shall consider matters and questions concerning assistance to students and shall make recom mendations to the Minister respecting policies and prin ciples to govern a provincial program of aid to students. 12. The Lieutenant Governor in Council may make regulations for the purpose of carrying out the intent and objects of this Act, and without limiting the generality of the foregoing may make regulations prescribing (

a) the maximum amount of assistance that may be awarded to a student, (

b) the qualifications required by a student to receive assistance, (

c) the terms and conditions under which loans are to be made, (

d) the forms and instruments to be used under this Act, and (

e) the terms and conditions of repayment of loans. 13. The moneys deposited in the Students Loan Fund established under The Students Assistance Act, being chap ter 323 of the Revised Statutes, and all moneys hereafter received as repayment of principal on loans made under that Act shall be deposited in the Students Loan Fund established under this Act. 14. The Students Assistance Act, being

chapter 323 of the Revised Statutes, is hereby repealed but the repeal does not affect the liability or obligation of any person who received a loan under this Act. 15. This Act comes into force on the day upon which it is assented to.

No. 40 FIFTH SESSION THIRTEENTH LEGISLATURE 7 ELIZABETH II 1959 BILL

An Act to provide for Financial Assistance to Students Received and read the First time ......................................... . Second time ..... Third time. HON. MR. AALBORG Title: 1959 (13th, 5th) Bill 40,

An Act to provide for Financial Assistance to Students

Document details

Collection	Alberta — Bills
Citation	L13 S5 6060
Type	bill
Volume / chapter	L13 S5 6060
Language	en
Format	json
Source	PROVINCIAL
Identifier	809f3596b7a8734c2f36168c95c97940f69d2b02

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