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The Ontario Student Assistance Program (OSAP) (French: Régime d'aide financière aux étudiantes et étudiants de l'Ontario (RAFEO)) is a provincial financial aid program that offers grants and loans to help Ontario students pay for their post-secondary education. OSAP determines the amount of money that a student is eligible to receive by ...
From 1984 to 2003, the qualification process used Ontario Academic Credit (OAC) courses. In the 1960s, Ontario Scholars received an award of $400. During the 1970s and 1980s, a $100 monetary award from the Province of Ontario was presented to Ontario Scholars along with their certificate. [2] As of 2009, students are only entitled to a ...
The government of British Columbia eliminated interest on its student loans on February 19, 2019. The Canadian federal government eliminated interest on its student loans as of April 1, 2023. [8] In September 2010 the amount of student loans owed to the Government of Canada surpassed $15 billion.
The province's public education system is primarily funded by the Government of Ontario, with education in Canada falling almost entirely under provincial jurisdiction. There is no federal government department or agency involved in the formation or analysis of policy regarding education for most Canadians.
The Government of Ontario (French: Gouvernement de l'Ontario) is the body responsible for the administration of the Canadian province of Ontario.The term Government of Ontario refers specifically to the executive—political ministers of the Crown (the Cabinet/Executive Council), appointed on the advice of the premier, and the non-partisan Ontario Public Service (whom the Executive Council ...
Until the 2009–2010 fiscal year, Ontario was the only province to have never received equalization payments; in 2009-2010 Ontario received 347 million dollars, [7] while Newfoundland, which has received payments since the program's creation, is now a so-called "have" province, and is now a net contributor and does not receive payments.
Ontario's Liberal government and the Ministry of Advanced Education and Skills Development embarked on the Reaching Higher plan for postsecondary education in the province beginning in 2005. The plan calls for a $6.2 billion investment in postsecondary education to address such issues as capacity, access, financial assistance and more ...
The Ministry of Finance is a ministry of the Government of Ontario responsible for managing the province's fiscal policy, developing the provincial budget, and financial sector regulation. The minister of finance – called the treasurer before 1993 – leads the ministry and is responsible to the Legislative Assembly of Ontario.