Eli Ridder | Analysis
The following list are 10 major changes to the Ontario Student Assistance Program and other education changes that you need to know about as part of Ontario’s education announcement.
- Students will be able to opt out of student union dues when paying student fees at the beginning of the year, which could threaten the existence of IGNITE and some of the health and dental plans.
- International students, who are already pay the highest tuition fees, are ineligible for the 10 per cent cut announced by the Ontario government.
- Students pursuing second-entry program such as law or medicine will have to take out a loan. This includes those classified as low-income.
- The six-month grace period from ending school before graduates have to start paying OSAP loans back is now gone.
- Students from families brining in less than $50,000 will be now forced to take a loan as part of the financial assistance offered by OSAP, rather than the Liberal-installed grant that covered the average cost of full tuition.
- The expected parental contribution amount, determining how much financial assistance students receive, will now increase.
- Universities will face a $360 million cut to revenues and colleges $80 million–a move the Canadian Federation of Students says will be downloaded onto students and workers.
- Students will receive the “dependent” classification if they have been out of high school less than six years now, with parental income factored into their financial assistance despite the situation.
- Students from families with incomes between $50,000 and $140,000 will obtain more repayable loans to grants in OSAP.
- Families that have incomes between $140,000 and $170,000 will not be eligible for any grants, and will have to pay everything back in loans.
The Progressive Conservatives, who were voted into office on June 7 of last year with leader Doug Ford, vowed to cut back spending and seek a way for Ontario to get out of debt and curb deficits.
It’s not only education where cutbacks are taking place, the Ford government has made significant cuts to health services and green energy initiatives.
Image from Pexels stock photo.