Postsecondary Education Partners' Gateway
Welcome to the Postsecondary Education Partners' Gateway – a resource for ministry and sector stakeholders, as well as students and their families.
Find information on industry guidelines, updates, reports and legislation. You can also find out about student loan default rates, graduation rates, and graduate employment rates by program and institution.
This site will grow as more information becomes available, and in response to feedback from users. If you have comments or suggestions, please let us know.
Ontario Student Loan Default Rates and Related Factors
In 2012, less than one in ten OSAP borrowers defaulted on their repayment obligations. The 2012 OSAP default rate was 9.8 per cent. Beginning in 2012, a change in the way the OSAP default rate is measured was implemented, to include those who default on their Canada or Ontario loan obtained through OSAP, rather than just on the Ontario loan. This new methodology provides a more complete picture for prospective students in choosing programs with successful outcomes.
Below are links to Canada-Ontario Integrated Student Loan Default Rates (2012) and Ontario Student Loan Default Rates (2005-2011). These show the percentage of loan recipients at Ontario Colleges, Universities, Private Career Colleges and Other Institutions who were in default about two years after their studies ended. Rates are provided by institution and by individual program at each institution.
Higher default rates are an indication of greater financial risk but to gain a more complete picture of financial risk it's important to consider graduation and graduate employment rates and other graduate employment outcomes which are also noted below.
Factors Affecting Loan Default
Loan repayment/default is affected by post study employment and earnings, amount of repayable debt, graduation, and usage of repayment assistance. Below are links to graduation rates and graduate employment outcomes for students of Public Colleges and Public Universities in Ontario and information about repayment assistance and limiting repayable debt.
Graduation Rates and Graduate Employment Outcomes – Public Institutions
Transforming Ontario's Postsecondary Education System
Learn about the following report:
Repayment Assistance and Limiting Repayable OSAP Debt
With the introduction of the Repayment Assistance Plan for the Ontario and Canada portions of OSAP loans, there is greater help for borrowers having difficulty repaying their student loans. The Ontario Student Opportunity Grant from the Province of Ontario limits annual repayable debt of qualified students to $7,300 for a two-term academic year, with additional support converted to non-repayable assistance.
French-language policy framework for postsecondary education and training
Ontario has put in place a French-language policy framework for postsecondary education and training. The goal is to help provide Ontarians with more opportunities to study and train in French. Learn More
Report from Expert Panel on French-Language PSE Central and Southwestern Ontario
The province established an Expert Panel to propose effective and innovative approaches to increase postsecondary opportunities for francophone students in the central and southwestern regions. Learn more (PDF, 346 KB).