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 relationships with postsecondary institutions and student groups; 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 -ITEM # |
STANDARD ACCOUNT BY ITEM AND SUB-ITEMS | |||
|---|---|---|---|---|
| OPERATING EXPENSE | ||||
| 3002-1 | Colleges, Universities and Student Support | |||
| Salaries and wages | 16,640,300 | |||
| Employee benefits | 2,657,500 | |||
| Transportation and communication | 1,578,800 | |||
| Services | 14,185,300 | |||
| Supplies and equipment | 2,872,600 | |||
| Transfer payments | ||||
| Grants for College Operating Costs | 1,325,429,500 | |||
| Grants for University Operating Costs | 3,382,323,100 | |||
| Council of Ministers of Education, Canada | 748,200 | |||
| Miscellaneous Grants | 20,100 | |||
| Reporting Entities Project | 1,100,000 | |||
| Postsecondary Transformation | 102,700,000 | |||
| Student Financial Assistance Programs | 648,834,600 | |||
| Ontario/Quebec Exchange Fellowships | 89,000 | |||
| Second Language Programs | 1,114,000 | |||
| Ontario Trust for Student Support | 42,500,000 | |||
| Textbook and Technology Grant | 33,000,000 | 5,537,858,500 | ||
| Subtotal | 5,575,793,000 | |||
| Less: Recoveries | 1,000 | |||
| Total Operating Expense to be Voted | 5,575,792,000 | |||
| Statutory Appropriations | ||||
| Other transactions | ||||
| Statutory | Bad Debt Expenses for Student Loans, the Financial Administration Act | 27,150,000 | ||
| Total Operating Expense for Postsecondary Education Program | 5,602,942,000 | |||
| OPERATING ASSETS | ||||
| 3002-4 | Colleges, Universities and Student Support | |||
| Loans and Investments | ||||
| Student Support | 58,800,000 | |||
| Total Operating Assets to be Voted | 58,800,000 | |||
| Total Operating Assets for Postsecondary Education Program | 58,800,000 | |||
| CAPITAL EXPENSE | ||||
| 3002-3 | Support for Postsecondary Education | |||
| Transfer payments | ||||
| Capital Grants - Colleges | 101,535,200 | |||
| Capital Grants - Universities | 97,759,500 | |||
| Knowledge Infrastructure Program - Federal | 600,699,200 | |||
| Knowledge Infrastructure Program - Provincial | 496,594,200 | |||
| Strategic Capital Infrastructure Program | 34,101,200 | 1,330,689,300 | ||
| Other transactions | 1,000 | |||
| Total Capital Expense to be Voted | 1,330,690,300 | |||
| Statutory Appropriations | ||||
| Other transactions | ||||
| Statutory | Amortization, the Financial Administration Act | 1,000 | ||
| Total Capital Expense for Postsecondary Education Program | 1,330,691,300 | |||
| CAPITAL ASSETS | ||||
| 3002-6 | Colleges, Universities and Student Support | |||
| Business application software | 1,000 | |||
| Total Capital Assets to be Voted | 1,000 | |||
| Total Capital Assets for Postsecondary Education Program | 1,000 |
