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Newfoundland and Labrador NEWFOUNDLAND Student Financial
Assistance Regulations (Amendment) (Filed July 24, 2025) Under the authority of section 15 of the Student Financial Assistance Act, 2019, the Lieutenant-Governor in Council makes the following regulations. Dated at St. John’s, July 23, 2025. Andrea McKenna REGULATIONS Analysis 1.
S.4 Amdt. 2.
S.6 Amdt. 3. Commencement NLR 105/03 1. (1) Subsection 4(2) of the Student Financial Assistance Regulations is repealed and the following substituted: (2) Commencing August 1, 2025, financial assistance issued to a qualifying student shall be issued in the manner and amounts as follows: (a) first, subject to subsection (3), an amount of not more than $420 per course in a non repayable Memorial University Tuition Relief Grant; (b) second, an amount of not more than $120 per week of a period of study in student loan; (c) third, (i) an amount of not more than $120 per week of a period of study in a non repayable grant, or (ii) where the qualifying student is enrolled in medical school at Memorial University of Newfoundland, an amount of not more than $145 per week of a period of study in a non repayable grant; and (d) fourth, where the qualifying student is enrolled in medical school at Memorial University of Newfoundland, a further amount of not more than $35 per week of a period of study in student loan. (2) Subsection 4(4) of the regulations is repealed and the following substituted: (4) Notwithstanding subsection (2), commencing August 1, 2025, where a qualifying student is enrolled in a program of study outside the province, financial assistance issued to the qualifying student shall be issued in an amount of not more than $240 per week of a period of study in student loan unless the minister determines that (a) the qualifying student's program of study is not offered in the province; (b) the qualifying student is enrolled in graduate studies; (c) the qualifying student's program of study differs substantially from any program of study offered in the province; (d) the qualifying student does not meet the minimum entry requirement for the qualifying student's program of study in the province but meets the requirements for substantially the same program outside the province; (e) the qualifying student applied to do the qualifying student's program of study in the province but was denied entry due to limited spaces in that program; (f) the qualifying student received transfer credits toward advanced standing into the qualifying student's program of study, resulting in a reduced length of time for that program; (g) the qualifying student's partner (i) has undertaken studies outside the province, and (ii) meets a requirement under one or more of paragraphs (a) to (f); or (h) there is another reason that the minister considers to be appropriate. 2. (1) Paragraph 6(1)(a) of the regulations is repealed and the following substituted: (a) graduated from a program of study in the province that is
not fewer than (i) 80 weeks in duration, where the borrower commenced the program of study before August 1, 2025, or (ii) 60 weeks in duration,
where the borrower commenced the program of study on or after August 1, 2025; (2) Paragraph 6(1)(b) of the regulations is amended by deleting the word "and" at the end of that paragraph. 3. These regulations come into force on August 1, 2025. ©King's Printer |