Backgrounder


Backgrounder

Implementing The New 30% Off Ontario Tuition Grant

January 5, 2012

Ontario is implementing the new 30% Off Ontario Tuition grant in a fiscally-responsible way by finding efficiencies and savings from within the Ministry of Training, Colleges and Universities. The new tuition grant will provide additional financial aid for students who need it most by redirecting funding from efficiencies as well as from an existing scholarship program and a few grant programs. The new grant will help make postsecondary education more accessible and affordable for families.

Beginning in 2012-13, the new 30% Off Ontario Tuition grant will redirect the funding from the following grants and scholarships:

  • The Ontario Textbook and Technology Grant
  • The Ontario Trust for Student Support
  • The Queen Elizabeth II Aiming for the Top Scholarships.

The Queen Elizabeth II scholarships will be phased out gradually over three years so that no current student who is receiving the award will lose funding. No new Queen Elizabeth II scholarships will be awarded in 2012-13.

Savings due to reducing spending in other programs will also go towards paying for a portion of the new 30% Off Ontario Tuition grant. The government will redirect savings from efficiencies found in OSAP, postsecondary programs and from lower client uptake in employment and training programs due to an improving economy.

These efficiencies and savings will fully offset the costs of the new tuition grant.

See also: