Bill 14 (Legislature 26, Session 1)

L26 S1 429

Alberta — Bills

Bill BILL 14 STUDENT FINANCIAL ASSISTANCE AMENDMENT ACT, 2005 ( A s s e n t e d t o , 2 0 0 5 ) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: Amends SA cS-20.5 The Student Financial Assistance Act is amended by this Act. 2

Section is repealed and the following is substituted: Loan limits The Minister may, subject to the regulations, establish (

a) the maximum amount that a student may receive in any one academic year in the form of loans, and (

b) the maximum amount that a student may receive during the student’s lifetime in the form of loans. 3 Section 22(1)(

c) is repealed and the following is substituted: (

c) establishing different forms of financial assistance for some or all of the purposes of this Act; (c.1) respecting the maximum amounts of loans for the purposes of

section 17; Explanatory Notes Amends

chapter S-20.5 of the Statutes of Alberta, 2002. 2

Section presently reads: 17(1) The Minister may in writing establish (

a) the maximum amount t hat any student may receive in any one academic year in the form of loans, and (

b) the borrowing limit for the purposes of subsection (2) for each category of student.

(2) A student is not eligible for a loan if that loan would cause the outstanding principal amount of loans owed by the student to exceed the amount established under subsection (1)(

b) for the category in which that student falls. 3 Section 22(1)(

c) presently reads: 22(1) The Lieutenant Governor in Council may make regulations (

c) establishing different forms of financial assistance and categories of students, borrowers and other matters for all or some of the purposes of this Act; Title: 2005 (26th, 1st) Bill 14, Student Financial Assistance Amendment Act, 2005

Document details

Collection	Alberta — Bills
Citation	L26 S1 429
Type	bill
Volume / chapter	L26 S1 429
Language	en
Format	json
Source	PROVINCIAL
Identifier	aeb6f333b7206eeb9fb5a50e3b6c90926a88bd96

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