The students, who are 17-18 years old, are suspected of having assaulted schoolmates on several occasions, reports NWT.
Most of the incidents occurred one evening in January this year.
According to the indictment, the five students, masked, forced their way into two bedrooms to assault the students who lived there. They are also being prosecuted for serious breach of peace.
The accused students deny the crime. However, according to the indictment, there is a mobile conversation between two of them, where one writes that they "did this" because "they" insulted "us".
One of the accused is also suspected of a similar assault last year, which he filmed and shared. He is therefore being prosecuted for suspected invasion of privacy.