Mr. Speaker, I move, seconded by the honourable Member for Yellowknife South, that Bill 24, 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 principal amount of all student loans that may be made by the Government of the Northwest Territories by $5 million for the 2014-2015 and subsequent fiscal years. Mahsi, Mr. Speaker.