Back to the Ministry of Training, Colleges and Universities Summary page

The Postsecondary Education Division works in collaboration with the Strategic Policy and Programs Division to implement government strategies and policy for postsecondary education in Ontario. The Postsecondary Education Division develops and implements operational policies and financial support to postsecondary institutions and students in Ontario, in support of the government's social and economic policy objectives with the goal of providing opportunities for high quality, accountable, relevant and accessible postsecondary education.

Key components of the program include operation of the Ontario Student Assistance Program; administering operating and capital transfer payments to colleges and universities and student financial assistance; managing financial and governance relationships with postsecondary institutions; managing accountability mechanisms, including governance and relevant legislation; regulating the public colleges of applied arts and technology and private career colleges in accordance with applicable statutes and administering the funding framework for colleges and universities.

VOTE SUMMARY
($)
ITEM # ITEM

Estimates
2012-13

Estimates
2011-12

Difference
Between
2012-13
and
2011-12

Actual
2010-11

  OPERATING EXPENSE        
1 Colleges, Universities and Student Support 6,057,252,500 5,705,387,700 351,864,800 5,417,969,221
  TOTAL OPERATING EXPENSE TO BE VOTED 6,057,252,500 5,705,387,700 351,864,800 5,417,969,221
Statutory Bad Debt Expenses for Student Loans, the Financial Administration Act 26,540,000 26,540,000 - 25,311,144
  Total Statutory Appropriations 26,540,000 26,540,000 - 25,311,144
  Total Operating Expense 6,083,792,500 5,731,927,700 351,864,800 5,443,280,365
  OPERATING ASSETS        
4 Colleges, Universities and Student Support 61,600,000 56,300,000 5,300,000 57,695,075
  TOTAL OPERATING ASSETS TO BE VOTED 61,600,000 56,300,000 5,300,000 57,695,075
  Total Operating Assets 61,600,000 56,300,000 5,300,000 57,695,075
  CAPITAL EXPENSE        
3 Support for Postsecondary Education 152,703,300 266,292,700 (113,589,400) 1,194,534,644
  TOTAL CAPITAL EXPENSE TO BE VOTED 152,703,300 266,292,700 (113,589,400) 1,194,534,644
Statutory Amortization, the Financial Administration Act 68,300 1,000 67,300 -
  Total Statutory Appropriations 68,300 1,000 67,300 -
  Total Capital Expense 152,771,600 266,293,700 (113,522,100) 1,194,534,644
  CAPITAL ASSETS        
6 Colleges, Universities and Student Support 1,000 1,000 - -
  TOTAL CAPITAL ASSETS TO BE VOTED 1,000 1,000 - -
  Total Capital Assets 1,000 1,000 - -


Standard Account by Item and Sub-items
($)
VOTE -ITEM
#
STANDARD ACCOUNT BY ITEM AND SUB-ITEMS      
  OPERATING EXPENSE      
3002-1 Colleges, Universities and Student Support      
  Salaries and wages     15,685,800
  Employee benefits     2,353,900
  Transportation and communication     1,578,800
  Services     26,627,900
  Supplies and equipment     2,869,100
  Transfer payments      
     Grants for College Operating Costs   1,431,828,500  
     Grants for University Operating Costs   3,515,127,700  
     Council of Ministers of Education, Canada   748,200  
     Postsecondary Transformation   21,600,000  
     Student Financial Assistance Programs   1,038,833,600 6,008,138,000
  Subtotal     6,057,253,500
  Less: Recoveries     1,000
  Total Operating Expense to be Voted     6,057,252,500
  Statutory Appropriations      
  Other transactions      
Statutory    Bad Debt Expenses for Student Loans, the Financial Administration Act     26,540,000
  Total Operating Expense for Postsecondary Education Program     6,083,792,500
  OPERATING ASSETS      
3002-4 Colleges, Universities and Student Support      
  Loans and Investments      
     Student Support     61,600,000
  Total Operating Assets to be Voted     61,600,000
  Total Operating Assets for Postsecondary Education Program     61,600,000
  CAPITAL EXPENSE      
3002-3 Support for Postsecondary Education      
  Transfer payments      
     Capital Grants - Colleges   41,128,000  
     Capital Grants - Universities   111,574,300 152,702,300
  Other transactions     1,000
  Total Capital Expense to be Voted     152,703,300
  Statutory Appropriations      
  Other transactions      
Statutory    Amortization, the Financial Administration Act     68,300
  Total Capital Expense for Postsecondary Education Program     152,771,600
  CAPITAL ASSETS      
3002-6 Colleges, Universities and Student Support      
  Business application software - asset costs     13,802,400
  Less: Recoveries     13,801,400
  Total Capital Assets to be Voted     1,000
  Total Capital Assets for Postsecondary Education Program     1,000