Stable Education Funding for 2014-15 School Year
Ontario Supporting Strong Schools, Successful Students
Ontario will continue to provide stable funding for students and schools across the province through its 2014-15 Grants for Student Needs.
The grants are provided to the province's 72 school boards each year to ensure strong, consistent investments in Ontario's publicly funded education system. Since 2003, this funding has supported increased student achievement and a higher graduation rate.
This year's funding includes a three-year, $1.25 billion commitment toward school renewal projects to ensure Ontario's students benefit from improved, modern learning environments. This will also be the first year full-day kindergarten has been funded through the grants.
Supporting a world-class education system is part of the government's economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario's greatest strengths -- its people and strategic partnerships.
- Ontario will provide $22.5 billion in education funding for the 2014-15 school year.
- All four- and five-year-olds will have access to full-day kindergarten this September.
- The province’s graduation rate increased to 83 per cent in 2011-12, up from 68 per cent in 2003-04.
- Since 2003, Ontario has invested $12 billion in school infrastructure, including nearly 650 new schools and over 620 additions and renovations.
“Ontario's education system is considered one of the best in the world. That is a testament to the strong commitment we’ve made to achieving excellence in our province. But Ontarians also expect our government to invest wisely in our schools and students. That is why education funding must strike the right balance between supporting the success of today’s students and helping the students of tomorrow.”