Ministry of Training, Colleges and Universities - Vote 784

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

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

1 Colleges and Universities   3,759,539,600 462,847,100 3,296,692,500 3,140,564,645
2 Student Support   481,837,800 109,197,400 372,640,400 285,829,570
Statutory Bad Debt Expenses for Student Loans, the Financial Administration Act   60,130,000 (-3,000,000) 63,130,000 60,034,846
     
  Total Operating Expenses   4,301,507,400 569,044,500 3,732,462,900 3,486,429,061
Less: Statutory Appropriations   60,130,000 (-3,000,000) 63,130,000 60,034,846
     
  Amount to be Voted   4,241,377,400 572,044,500 3,669,332,900 3,426,394,215
     


POSTSECONDARY EDUCATION PROGRAM 3002 - Operating Asset Expenditures Summary

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

4 Colleges and Universities   176,502,900 841,900 175,661,000 158,299,525
5 Student Support   95,000,000 21,059,000 73,941,000 83,532,270
     
  Total Operating Asset Expenditures   271,502,900 21,900,900 249,602,000 241,831,795
     
  Amount to be Voted   271,502,900 21,900,900 249,602,000 241,831,795
     


POSTSECONDARY EDUCATION PROGRAM 3002 - Capital Expenses Summary

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

3 Support for Postsecondary Education   120,815,200 (-36,445,800) 157,261,000 106,801,799
     
  Total Capital Expenses   120,815,200 (-36,445,800) 157,261,000 106,801,799
     
  Amount to be Voted   120,815,200 (-36,445,800) 157,261,000 106,801,799
     


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

Colleges and Universities (3002-1) Activity $
Salaries and wages 9,944,000
Employee benefits 1,211,300
Transportation and communication 336,300
Services 6,829,400
Supplies and equipment 176,900
Transfer payments
$
Grants for College Operating Costs
902,104,500
Grants for University Operating Costs
2,458,797,100
Grants for Health Human Resources Development
94,300,000
Grants to Compensate for Municipal Taxation
41,000,000
Council of Ministers of Education, Canada
233,600
Miscellaneous Grants
20,100
Reporting Entities Project
1,086,400
Postsecondary Transformation
243,700,000
Transfer payments Subtotal 3,741,241,700
Subtotal 3,759,739,600
Less: Recoveries 200,000
Activity Total 3,759,539,600


Student Support (3002-2) Activity $
Salaries and wages 5,264,800
Employee benefits 800,300
Transportation and communication 1,252,800
Services 7,805,000
Supplies and equipment 2,684,800
Transfer payments
$
Student Support Programs
412,827,100
Ontario/Quebec Exchange Fellowships
89,000
Second Language programs
1,114,000
Ontario Trust for Student Support
50,000,000
Transfer payments Subtotal 464,030,100
Activity Total 481,837,800


Statutory Appropriations Activity $
Other transactions
Bad Debt Expenses for Student Loans, the Financial Administration Act 60,130,000
Activity Total 60,130,000


Total Operating for Postsecondary Education Program 4,301,507,400


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

Colleges and Universities (3002-4) Activity $
Deposits and prepaid expenses
$
Grants for Colleges
3,561,000
Grants for Universities
172,941,900
Deposits and prepaid expenses Subtotal 176,502,900
Activity Total 176,502,900


Student Support (3002-5) Activity $
Advances and recoverable amounts 95,000,000
Activity Total 95,000,000


Total Assets for Postsecondary Education Program 271,502,900


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

Support for Postsecondary Education (3002-3) Activity $
Transfer payments
$
Capital Grants - Colleges
24,372,100
Capital Grants - Universities
86,443,100
Capital Grants - College Equipment and Renewal Fund
10,000,000
Transfer payments Subtotal 120,815,200
Activity Total 120,815,200


Total Capital for Postsecondary Education Program 120,815,200