New Tuition Framework Reduces the Cap on Tuition Increases
New Ontario Government Stabilizes Costs for Students
Ontario has moved to reduce the cap on annual tuition fee increases over the next four years.
The previous framework would have allowed colleges and universities to increase tuition by an average of five per cent each year. Under the new framework, annual tuition fee increases will be capped at an average of three per cent, only one percentage point above the average inflation rate in Ontario over the past 10 years.
These changes complement existing supports for postsecondary students, including:
Ontario's Student Access Guarantee, which helps institutions ensure that no qualified student is denied access to postsecondary education due to limited financial means.
The 30% Off Ontario Tuition grant, which reduces tuition for qualifying students by 30 per cent.
The new Ontario government will also introduce a more fair approach to deferral fees to better align the timing of tuition fees with Ontario Student Assistance Program deadlines.
In addition, flat fee changes will be addressed following further consultations with postsecondary institutions and student groups over the summer.
- This year, the Ontario Student Assistance Program issued about $1.5 billion in grants and loans to students, including taking 30 per cent off tuition for students of low and middle-income families.
- Investments in student assistance over the past 10 years have resulted in more than double the students qualifying for aid, while enrolment has increased by 40 per cent.
“This new tuition policy strikes a balance. We are increasing fairness and affordability for students and their families while providing institutions with the long-term financial stability needed to provide a high-quality education for our students. We will also continue to ensure that students have access to higher education based on ability to learn, not ability to pay.”