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These changes would, starting in the 2019–20 school year, reduce the family income threshold for grants from $175,000 to $140,000, require that the loan-to-grant ratio for funding given to students be at least 50 percent loan, and remove the six-month interest-free grace period for the Ontario portion of loans following graduation.
Students may also be eligible for government loans that are interest free while in school on top of this line of credit, as private loans do not count against government loans/grants. [ 4 ] The March 2011 federal budget announced a Canada Student Loan forgiveness programme for medical and nursing students to complement other health human ...
The Ministry of Colleges and Universities is the ministry of the Government of Ontario responsible for administration of laws relating to post-secondary education.This ministry is one of two education ministries, the other being the Ministry of Education (responsible for primary and secondary schools across Ontario).
There are also programs that involve a partnership between a college and a university. Some students choose to attend college over university because it is the more affordable option. [69] In 2021, international students represented a sixth of the total student population in Ontario. [70]
The Student Choice Initiative ("SCI" or the "Initiative") was a 2019 policy of the Government of Ontario, under Premier Doug Ford, that took effect in Fall 2019 for the 2019-2020 academic year. The SCI provided post-secondary students to opt out of certain ancillary fees that post-secondary institutions collected on behalf of student groups ...
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The number of international students studying in Ontario universities has grown each year by an average of 7% since the start of the 21st century, until it grew by more than 8% in 2011–12 and 9% in 2012–13. [78] Between 2000 and 2010, the number of international students at Ontario universities almost tripled. [79]
An Ontario Graduate Scholarship is awarded to a student for a single two- or three-term academic year [1] in any non-professional graduate program; [8] the terms must be consecutive. [9]