POSTSECONDARY EDUCATION PROGRAM - VOTE 3002

Back to the MINISTRY OF TRAINING, COLLEGES AND UNIVERSITIES Summary page

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 3002 - Operating Expenses Summary

VOTE and item Accrual 2004-05 Estimates VOTE AND ITEMS Change from 2003-04 Accrual 2003-04 Estimates Cash 2002-03 Actual
  $   $ $ $
3002   POSTSECONDARY EDUCATION PROGRAM      
OPERATING          
1 3,296,692,500 Colleges and Universities 164,421,600 3,132,270,900 2,740,425,170
2 372,640,400 Student Support 31,974,400 340,666,000 357,204,710
S 63,130,000 Bad Debt Expenses for Student Loans, the Financial Administration Act (2,877,500) 66,007,500 -
  3,732,462,900 Total Operating 193,518,500 3,538,944,400 3,097,629,880
  - Less: Special Warrants (2,005,521,200) 2,005,521,200 -
  63,130,000 Less: Statutory Appropriations (2,877,500) 66,007,500 -
  3,669,332,900 Amount to be Voted 2,201,917,200 1,467,415,700 3,097,629,880
Assets          
4 175,661,000 Colleges and Universities 10,085,500 165,575,500 -
5 73,941,000 Student Support (12,159,000) 86,100,000 -
  249,602,000 Total Assets. (2,073,500) 251,675,500 -
  - Less: Special Warrants (165,575,500) 165,575,500 -
  249,602,000 Amount to be Voted 163,502,000 86,100,000 -
CAPITAL          
3 157,261,000 Support for Postsecondary Education 70,206,000 87,055,000 57,500,000
  157,261,000 Total Capital 70,206,000 87,055,000 57,500,000
  - Less: Special Warrants (61,541,200) 61,541,200 -
  157,261,000 Amount to be Voted 131,747,200 25,513,800 57,500,000


POSTSECONDARY EDUCATION PROGRAM - Standard Accounts Classification of Activities and Sub-activities

OPERATING    
Colleges and Universities (3002-1)   $
Salaries and wages   8,503,900
Employee benefits   1,139,700
Transportation and communication   326,600
Services   4,456,500
Supplies and equipment   141,800
Transfer payments $  
Grants for College Operating Costs 822,787,100  
Grants for University Operating Costs 2,164,985,100  
Grants for transition support of the Nursing Baccalaureate 46,866,400  
Learning Opportunities Task Force 9,044,000  
Grants to Compensate for Municipal Taxation 34,947,200  
Access to Opportunities Program 69,200,000  
Council of Ministers of Education, Canada 233,600  
Miscellaneous Grants 20,100  
College Quality Assurance Fund 59,643,000  
University Quality Assurance Fund 74,597,500  
    3,282,324,000
    3,296,892,500
Less: Recoveries   200,000
    3,296,692,500
Student Support (3002-2)    
Salaries and wages   4,805,000
Employee benefits   729,700
Transportation and communication   1,207,800
Services   4,093,800
Supplies and equipment   486,500
Transfer payments    
Student Support Programs 310,114,600  
Ontario/Quebec Exchange Fellowships 89,000  
Second Language programs 1,114,000  
Ontario Student Opportunity Trust Fund II 50,000,000 361,317,600
    372,640,400
Statutory Appropriations   $
Other transactions    
Bad Debt Expenses for Student Loans, the Financial Administration Act   63,130,000
    63,130,000
  Total Operating for Postsecondary Education Program 3,732,462,900
Assets    
Colleges and Universities (3002-4)   $
Deposits and prepaid expenses $  
Grants for Colleges 3,561,000  
Grants for Universities 172,100,000  
    175,661,000
    175,661,000
Student Support (3002-5)    
Advances and recoverable amounts   73,941,000
    73,941,000
  Total Assets for Postsecondary Education Program 249,602,000
CAPITAL    
Support for Postsecondary Education (3002-3)   $
Transfer payments $  
Capital Grants - Postsecondary 147,261,000  
Capital Grants - College Equipment and Renewal Fund 10,000,000  
    157,261,000
    157,261,000
  Total Capital for Postsecondary Education Program 157,261,000