Mahsi, Mr. Speaker. I move, seconded by the honourable Member for Kam Lake, that Bill 1, An Act to Amend the Student Financial Assistance Act, be read for the second time.
Mr. Speaker, this bill amends the Student Financial Assistance Act to raise the maximum aggregate of the principal amount of all student loans that may be made by the Government of the Northwest Territories by $4 million for 2012-2013 and subsequent fiscal years. Mahsi, Mr. Speaker.