Saturday, December 4, 2021

Ontario colleges rely on international student tuition

 Ontario colleges rely on international student tuition

Student tuition has become Ontario colleges' largest source of revenue in recent years, totaling $2.5 billion, and surpassing the $1.9 billion available in government grants.

Northern College in Timmins, Ont. recorded international tuition fees accounting for 92 per cent of total tuition revenue in the last school year. In  Toronto Centennial College relied the most on international tuition fees, comprising more than 80 per cent of its tuition revenue since 2018, followed by Seneca College at 68 per cent.

Auditor General Bonnie Lysyk in a statement said "That puts these institutions in a precarious position, should students decide to go elsewhere, or are no longer able to come to Canada to study,"

CBC NEWS: Ontario colleges' reliance on international student tuition 'a risky formula,' auditor general warns

Public Colleges Oversight: The Ministry of Colleges and Universities is responsible for the oversight of Ontario’s 24 public colleges. Public colleges provide career-oriented education and training to help students gain employment, meet the needs of employers, and support the social and economic development of communities. 


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