Canadian province extends tuition moratorium for 3rd year
Institutions of higher education in Ontario will not raise tuition for the 2022-2023 school year.
The provincial government Ontario has made the announcement that the tuition freeze will be extended again for the 2022 — 2023 school year.
"Our government recognizes that students and their families make enormous sacrifices to attend college and university, so our government will continue to look for ways to reduce financial barriers to students," College and University Secretary Jill Dunlop said in a statement.
In a statement, the government, among other things, drew attention to a "historic" 10 per cent reduction in tuition in 2019, which they said saved students about $450 million CAD for the year compared to the previous year's costs. The province also eliminated free tuition for low-income students as part of the Ontario Student Assistance Plan (OSAP). Instead, students with family incomes of $50,000 CAD and below will receive grants and loans to be repaid to the government.
The annual income threshold for repaying OSAP has been lowered from $35,000 CAD to $25,000 CAD, meaning that once a student graduates, once they earn $25,000 CAD, they will have to start repaying the money they borrowed from the government earlier. The 6-month interest grace period has also been eliminated.
The Ontario government extended a tuition moratorium for 2019 to 2020 last year because of the COVID-19 pandemic, but it only applied to students who were residents of the province.
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