Ontario Consulting on College Funding Modernization
Province Making Progress on Transforming Postsecondary Education
Ontario is seeking advice on a new funding formula for colleges to help them continue to deliver high-quality programming to train students for the jobs of tomorrow.
Today Ontario met with important partners in the postsecondary education sector to discuss how best to fund the province's public colleges. The province brought together students, faculty, college leadership and other participants to exchange ideas on how to reform the college funding model that would:
- Enhance the quality of education for students and improve the overall student experience
- Build on and help focus the well-established strengths of Ontario colleges while avoiding duplication
- Help reflect a 21st century learning environment
- Increase transparency and accountability
- Ensure the long-term sustainability of the postsecondary sector.
Consultation on college funding modernization builds on recent discussions with the postsecondary sector on reforming the university funding model. The province will work with students, faculty, universities, colleges and other partners to use findings from both consultations to develop and implement new funding formulas for both universities and colleges.
For more information on the college funding model consultation progress, please visit the consultation website www.ontario.ca/fundingcolleges. Consultations will continue until June 15th, 2016.
Funding postsecondary education in a more quality-driven, sustainable and transparent way is part of the government's economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario's history, and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
- Ontario’s 24 public colleges offer career-oriented programs for students and play a significant role in the social and economic life of their local and diverse communities.
- Since 2002-03, Ontario has invested over $1.44 billion in operating grants to publicly-assisted colleges.
- Full-time enrolment in Ontario’s postsecondary system has grown by more than 177,000 students since 2003 — more than in any decade in the province’s history.
- To support the transformation of the college funding formula, Ontario appointed Glenn Craney, Executive Director of the Ontario Council for Articulation and Transfer, as Expert Lead, Postsecondary Funding Renewal Project, and Eugene Harrigan as an Expert Sector Advisor on College Funding Model Reform to lead college funding model reform consultations.
“I am pleased we are broadening the scope of Ontario’s consultations on postsecondary funding reform to consider the unique circumstances of Ontario’s public colleges. By offering employment- focussed programming for students that matches the needs of local labour markets, colleges make significant contributions to the life of their communities and to Ontario’s economy. Working together, we can build on their success by developing a new college funding model that puts students first and helps ensure the long-term sustainability of our postsecondary sector.”