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Friday, March 9, 2012

Post Secondary Tuition Framework Extended!

Tuition Framework Extended for Colleges and Universities

Post secondary students of all income brackets will benefit from a tuition cap placed on Ontario colleges and universities.

Glen Murray, Minister of Training, Colleges and Universities issued the following statement this week:
The Ontario government is extending for one year, a cap of five per cent on overall tuition fee increases at its colleges and universities.

No changes are being contemplated that would require all universities to set standard tuition fees for arts and science programs.

However, the province will continue to provide a 30 per cent rebate on tuition for college and university students for many families.

Families know that investing in postsecondary education is the key to a successful workforce, and a vibrant economy, and the Ontario government believes in supporting families.

Ontario continues to have one of the most generous student aid packages in the country. It's our plan to eliminate the deficit while protecting education.

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