
November 17, 2011 10:30 AM
To help create the best-educated workforce in the world, Ontario is moving forward to help families with a 30 per cent cut in average college and university tuition, starting in 2012.
The new grant will make sure postsecondary education remains accessible and affordable by saving Ontario families $1,600 per student in university and $730 per student in college, each year. The grant will apply to families with incomes under $160,000 and be available for up to four years of a full-time undergraduate program.
The McGuinty government will work with postsecondary institutions to ensure that students receive this support for the semester starting January 1, 2012.
Helping keep postsecondary education within all families' reach is part of the McGuinty government's plan to create jobs and build a stronger economy.
"During these lean fiscal times, our government remains committed to helping our youth achieve success in school, go on to postsecondary education and get a good job. That's why we're making a smart choice to help families with a 30 per cent cut to tuition."
– Dalton McGuinty
Premier of Ontario
"To build a strong economy, we need all young Ontarians at their best. That's why we're committed to helping our youth achieve success in school, go on to postsecondary education and get a good job."
– Glen Murray
Minister of Training, Colleges and Universities