This copy is for your personal non-commercial use only. The province is set to announce a 10 per cent cut in university and college tuition fees, according to government documents obtained by the Star. The proposed changes to the Tuition Fee Framework would remain in effect for the next two academic years.
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In the school year, tuition would drop by 10 per cent from current levels, and would remain frozen for the year. A ministry spokesperson would not comment when reached by the Star on Tuesday, but a public announcement is expected this week. It is unclear if the government will make up the loss of tuition revenue to colleges and universities, which they rely heavily on for operating funds.
Very few institutions have budget surpluses to absorb such a financial hit. The proposed tuition changes do not apply to international students and will not impact students in full-cost recovery programs, such as pricey executive MBAs. Government sources say that in the coming weeks the province will also make changes to the OSAP student financial aid system, which includes the free tuition program brought in under the previous Liberal government. The cost of it was supposed to be fully covered by the end of post-secondary tax credits. The auditor also said there was no evidence that the program — it provides grants to qualifying students equal to or greater than tuition fees — was leading to the goal of more low-income students attending post-secondary.
However, sources in the post-secondary sector noted that free tuition helped , students, and they are now worried it will be axed altogether and replaced with a loans system.source link
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When it comes to tuition changes, Nour Alideeb, chairperson for the Canadian Federation of Students in Ontario, is urging caution. As of Jan. Hate speech would remain banned. Copyright owned or licensed by Toronto Star Newspapers Limited.
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All rights reserved. The guideline also does not apply to new buildings or apartments, including new basement units, that were occupied for the first time after Nov.
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Most people would be willing to pay an increase in rent if it meant the building is being kept well and services are improving, Dent said. The average monthly rental rate in Canada increased 4 per cent in May, according to a national rent report produced by Rentals.
In and , the rental increase guideline stayed at 1. In , it was lower, at 1. Copyright owned or licensed by Toronto Star Newspapers Limited.
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