Thank you, Mr. Speaker. Right now, the repayable loan limit for student financial assistance is $1,100 a month. By this fall, that will be increased to $1,400 a month. So there will be a change. There will be needs assessed. So depending on the need, if students need it, that money will be available. We are also going to be increasing the lifetime limit for loans to ensure that northern students don't run up against that limit. Mr. Speaker, the kind of change, that is the indexing, that the Member is asking about, we have just started the research on that right now. We know that, for instance, British Columbia does do some limited indexing. We are taking a look at how they do their program to try and see if we can find a way to make it work here in the North.
Charles Dent on Question 76-15(6): Adjustments To Student Financial Assistance Rates
In the Legislative Assembly on May 14th, 2007. See this statement in context.
Further Return To Question 76-15(6): Adjustments To Student Financial Assistance Rates
Question 76-15(6): Adjustments To Student Financial Assistance Rates
Item 7: Oral Questions
May 13th, 2007
Page 159
See context to find out what was said next.