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New Fund Available To Private Career College Students

Archived News Release

New Fund Available To Private Career College Students

McGuinty Government Protecting Students

Ministry of Colleges and Universities

Ontario is providing students affected by the sudden closure of a registered private career college with additional support to help them get the training they need.

As of January 1, 2009, students affected by a sudden closure can make a claim to the new Training Completion Assurance Fund.  Students can receive financial support to complete their training at another institution, or a partial or full refund of the fees they paid.

The fund is administered by the government and supported by mandatory premiums paid by private career colleges.  It is part of the Private Career Colleges Act, 2005, legislation passed by the government to protect students and strengthen the quality of education at private career colleges.

Quick Facts

  • There are more than 500 registered private career colleges in more than 70 communities across Ontario.
  • Students at private career colleges can train for jobs in a range of fields, from marketing and graphic design to welding and dental hygiene.

Background Information

Additional Resources

Quotes

“Students who choose to attend a private career college are making an important investment in their future. Together with private career colleges, we’re working to ensure students receive the high quality education and training they deserve.”

John Milloy

Minister of Training, Colleges and Universities

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Education and Training