Ont Student Loans – CP

by ahnationtalk on September 11, 2017257 Views

Source: The Canadian Press – Broadcast wire
Sep 11, 2017 

TORONTO – Ontario’s minister responsible for post-secondary education says 185,000 students have received free tuition this year under a new government program.

Advanced Education Minister Deb Matthews is announcing the figures later today, which equal more than a third of all full-time college and university students in Ontario.

First announced in last year’s budget, the new Ontario Student Assistance Program that gives a combination of grants and loans took effect for this school year.

For example, a student going straight from high school to university whose parents make $70,000 could receive $7,300 in grants, which would cover the average cost of tuition, and $8,300 in repayable loans.

Matthews says a three-per-cent tuition increase cap is continuing, but these grants will ensure more people, especially those from lower income families, can pursue post-secondary education.

Officials define free tuition as the actual cost of a regular college diploma program or undergraduate arts or science university program, or average tuition in a high-cost program such as engineering.

(The Canadian Press)

INDEX: EDUCATION ONTARIO POLITICS

 

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