Ministry of Training, Colleges and Universities - Vote 784

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The Expenditure Estimates are available in PDF and HTML versions. The PDF version is a format reflecting the true printed version. The HTML version is an accessible format.

POSTSECONDARY EDUCATION PROGRAM - VOTE 3002

The program provides policy and program direction and financial support to postsecondary institutions in Ontario in support of the government’s social and economic policy objectives with the goal of providing opportunities for excellent, accountable, relevant and accessible postsecondary education.

Key components of the program include operation of the Ontario Student Assistance Program; administering transfer payments to colleges and universities; developing policies and programs related to funding, governance, and programs of colleges and universities; regulating the colleges and private career colleges in accordance with applicable statutes; and facilitating expansion of private degree-granting activity and college applied degree programs through recommendations of the Post-secondary Education Quality Assessment Board.

POSTSECONDARY EDUCATION PROGRAM - Summary

VOTE and item Accrual 2003-04 Estimates PROGRAM AND ACTIVITIES Cash 2002-03 Estimates Cash 2001-02 Actual
  $   $ $
3002   POSTSECONDARY EDUCATION PROGRAM    
OPERATING        
1 3,132,270,900 Colleges and Universities2 2,689,458,200 2,541,280,737
2 340,666,000 Student Support3 459,167,200 381,068,895
S 66,007,500 Bad Debt Expenses for Student Loans, the Financial Administration Act4 - -
  3,538,944,400 Total Operating 3,148,625,400 2,922,349,632
  2,005,521,200 Less: Special Warrants 821,500,000 -
  66,007,500 Less: Statutory Appropriations - -
  1,467,415,700 Amount to be Voted 2,327,125,400 2,922,349,632
Assets        
4 165,575,500 Colleges and Universities - -
5 86,100,000 Student Support - -
  251,675,500 Total Assets - -
  165,575,500 Less: Special Warrants - -
  86,100,000 Amount to be Voted - -

NOTE: Commencing in 2003-04, Estimates are presented on the accrual basis of accounting. Information for 2002-03 and earlier years is presented on the modified cash basis, and therefore comparison between 2003-04 and earlier year figures may not be meaningful. Differences between cash and accrual relate to adjustments such as timing of transfer payments and provisions for bad debts, that would increase or decrease the 2002-03 amounts had they been presented on the accrual basis.

Adjustments for this Ministry, if any, are indicated by superscripted references above and are explained on the page following the Ministry Summary - Reconciliation of 2002-03 Estimates from Cash to Accrual.

POSTSECONDARY EDUCATION PROGRAM - Capital Summary

VOTE and item Accrual 2003-04 Estimates PROGRAM AND ACTIVITIES Cash 2002-03 Estimates Cash 2001-02 Actual
  $   $ $
3002        
CAPITAL   POSTSECONDARY EDUCATION PROGRAM    
3 87,055,000 Support for Postsecondary EducationA 54,000,000 41,010,583
  87,055,000 Total Capital 54000000 41,010,583
  61,541,200 Less: Special Warrants - -
  25,513,800 Amount to be Voted 54,000,000 41,010,583

NOTE: Commencing in 2003-04, Estimates are presented on the accrual basis of accounting. Information for 2002-03 and earlier years is presented on the modified cash basis, and therefore comparison between 2003-04 and earlier year figures may not be meaningful. Differences between cash and accrual relate to adjustments such as timing of transfer payments and provisions for bad debts, that would increase or decrease the 2002-03 amounts had they been presented on the accrual basis.

Adjustments for this Ministry, if any, are indicated by superscripted references above and are explained on the page following the Ministry Summary - Reconciliation of 2002-03 Estimates from Cash to Accrual.

POSTSECONDARY EDUCATION PROGRAM - Standard Accounts Classification

OPERATING    
Colleges and Universities (3002-1)   $
Salaries and wages   6,800,600
Employee benefits   972,000
Transportation and communication   270,800
Services   2,056,900
Supplies and equipment   82,400
Transfer payments $  
Grants for College Operating Costs 783,099,500  
Grants for University Operating Costs 2,049,481,400  
Grants for transition support of the Nursing Baccalaureate 31,446,000  
Learning Opportunities Task Force 12,834,700  
Grants to Compensate for Municipal Taxation 30,354,900  
Access to Opportunities Program 87,557,000  
Council of Ministers of Education, Canada 233,600  
Miscellaneous Grants 20,100  
College Quality Assurance Fund 60,000,000  
University Quality Assurance Fund 67,261,000  
    3,122,288,200
    3,132,470,900
Less: Recoveries   200,000
    3,132,270,900
Student Support (3002-2)    
Salaries and wages   4,575,800
Employee benefits   626,200
Transportation and communication   1,793,600
Services   8,915,000
Supplies and equipment   559,000
Transfer payments $  
Student Support Programs 307,993,400  
Ontario/Quebec Exchange Fellowships 89,000  
Second Language programs 1,114,000  
Ontario Student Opportunity Trust Fund II 15,000,000  
    324,196,400
    340,666,000
Statutory Appropriations    
Other transactions    
Bad Debt Expenses for Student Loans, the Financial Administration Act   66,007,500
    66,007,500
Total Operating for Postsecondary Education Program   3,538,944,400
Assets    
Colleges and Universities (3002-4)    
Deposits and prepaid expenses   165,575,500
    165,575,500
Student Support (3002-5)    
Advances and recoverable amounts   86,100,000
    86,100,000
Total Assets for Postsecondary Education Program   251,675,500
CAPITAL    
Support for Postsecondary Education (3002-3)    
Transfer payments $  
Capital Grants - Postsecondary 77,055,000  
Capital Grants - College Equipment and Renewal Fund 10,000,000  
    87,055,000
    87,055,000
Total Capital for Postsecondary Education Program   87,055,000