Supporting Student Accessibility Cost of Attending Tuition & Other Costs Supports to Offset Costs Government Student Assistance University Scholarships & Financial Aid 2 Expenses – fall & winter study semester* Tuition (BA, BSc) Compulsory Fees Student Organization Fees University Fees Books (estimate) 6,200 28% 672 508 Student Housing (Single East Residence) Meal Plan (full) Personal Costs Total Costs per semester = $11,266 1,180 5% 1,200 5% $8,580 7,148 32% 4,805 21% 2,000 9% $22,533 *Based on 2015-16 costs 3 Domestic - Undergraduate Program Guelph Rank (H->L) Arts/Science $6,199 8/19 $5,878 Engineering $11,437 6/14 $7,392 $13,620 $6,228 Computer Science $8,299 6/18 $6,085 $12,354 $6,269 Business $8,299 8/17 $6,221 $24,905 $18,684 Min Max Range $6,234 $356 Fee Type Retained by Institution Behalf of Students Total Tuition + Compulsory Fees Fee Rank (H->L) Min Max Range $507 6 $192 $1,503 $1,312 $656 8 $436 $923 $488 $1,163 $7,363 5 5 $800 $2,242 $6,873 $8,446 $1,442 $1,572 Compulsory Ancillary Fees 2015-16 Undergraduate - Entering Students - Domestic Arts/Science Fee Differential Compared to Guelph ($s) - Guelph Base - $1,200 $1,000 $800 $600 $400 $200 $0 -$200 -$400 -$600 10 Our fundamental principle is that, working in partnership with government and students all qualified individuals should be able to attend university regardless of their financial status. Government Student Assistance Programs, e.g. OSAP osap.gov.on.ca University Programs ◦ Scholarships ◦ Bursaries ◦ Work Study & Research Assistantships ◦ Financial Payment Arrangements 11 OSAP is based on family size, income, and number of dependents attending post secondary, and full-time or part-time status. There is an OSAP Estimator on the OSAP web site OSAP is not designed to cover 100% of expenses. Main program but amount depends upon numerous factors Federal and Provincial Maximum Loan With Grants Single $11,680 $15,000 Married $18,080 $24,000 12 A few examples of grants within the program GRANTS & BURSARIES Value Period of Time Administered by Aboriginal Postsecondary Education and Training Bursary $1,000 per academic year Institution Canada Student Grant for Persons with Permanent Disabilities 2000 per academic year OSAP Canada Student Grant for Persons from Low-Income Families $250/mth max $3,000 per academic year OSAP Canada Student Grant for Persons from Middle Income Families $100/mth max $1,200 per academic year OSAP Canada Student Grant for Persons with Dependants $200 /mth per dependant OSAP Canada Student Grant for Services and Equipment for Persons with Permanent Disabilities (Canada & Ontario) $10,000 per academic year Institution married $1,120/child max; sole Child Care Grant support $2,240/child max per academic year OSAP Living and Learning Grant (LLG) $500/mth max $6,000 per academic year OSAP Ontario 30 % Off Tuition Grant $1,830 per academic year OSAP/stand alone Ontario Access Grant 25% - 50% of tuition up to $3,000 1st & 2nd year only OSAP Ontario Distance Grant - Commuting $500/term max $1,500 per academic year OSAP Ontario Distance Grant - Travel $300 per academic year OSAP Ontario First Generation Bursary $1,000 per academic year Institution OSAP & separate Ontario Out-of-Country Bursary for Deaf Students varies per academic year application reduces COISL to $7,400 (2 Ontario Student Opportunity Grant terms) $11,100 (3 terms) per academic year OSAP Crown Ward Bursary for Youth Leaving Care up to $6,000 combined funding per academic year OSAP/Institution 13 The Ontario Student Opportunity Grant (OSOG) is available to help students reduce their annual debt. It limits the amount of the student loan that eligible students are required to repay $7,400 per two-term year of study (e.g., fall and winter) $11,100 for a three-term study year (e.g., fall, winter, summer) Will be indexed each year effective 2016/17 Determined after the completion of each study period within an academic year. The grant is applied directly to your outstanding loan amount. 14 Increased support ◦ Vehicles are no longer considered an asset ◦ Ontario 30% off tuition grant for students from families that make less than $160,000. ◦ Indexing student aid to inflation (effective 2016/17) Ease of use ◦ Electronic confirmation of enrolment ◦ Online submitting of required documents ◦ Need only to complete one loan agreement and signature pages. ◦ Students can now receive funding in advance of the first day of classes 15 38% of Guelph students are receiving OSAP $90,000 10,000 $80,000 9,000 $70,000 8,000 7,000 6,000 $50,000 5,000 $40,000 4,000 $30,000 3,000 $20,000 2,000 $10,000 1,000 $0 OSAP Dollars OSAP Recipients 2010/2011 2011/12 2012/13 2013/14 2014/15 $56,980 $62,911 $74,966 $80,991 $82,645 7,248 7,711 8,698 8,984 9,205 # of OSAP Recipients Graph F $60,000 in thousands OSAP Dollars OSAP Student Funding 0 The Ontario 30% off tuition grant was introduced in W’11 and increased participation in OSAP. OSAP grants and loans have increased 45% when compared to 2010/11 and the number of recipients increased 27%. In the same time frame enrolment increased 5% 16 Scholarships & Bursaries (Domestic & International) ◦ Entrance ◦ In-course Work Study Undergraduate Research Assistantships (Domestic & International) (Domestic) Financial Payment Arrangements Graduate funding may include: ◦ ◦ ◦ ◦ Scholarships (external & internal) Graduate Teaching Assistants Graduate Research Assistants Graduate Service Assistants 17 Merit Awards Undergraduate ◦ University of Guelph Entrance scholarship program: guaranteed based on minimum Admission average of 85.0% regardless of need. ◦ Graduate ◦ Provides a minimum stipend of $17,500.00 for all domestic & international doctoral students for a period of three years. ◦ 95 entrance awards ◦ Full details can be found on the Graduate Services website 18 Entrance Scholarship Graph C Total Scholarships Awarded (in thousands) 85.0% - 89.9% $2,000 90.0% + $3,000 $5,000 $4,000 $3,000 $2,000 $1,000 $Total Scholarship Amount # of Recipients 2010-11 $3,946 2011-12 $4,281 2012-13 $4,368 2013-14 $5,205 2014-15 $5,126 1,726 1,889 1,910 2,256 2,248 In addition to the University’s guaranteed entrance scholarship, approximately $1 million in additional entrance scholarships were awarded. 19 Combination of Funding ◦ Bursaries (undergraduate & graduate) ◦ Work Study (undergraduate & graduate) ◦ Undergraduate Research Assistantships ◦ Emergency Financial Assistance (undergraduate & graduate) ◦ Compassionate & Emergency Medical bursaries (undergraduate & graduate) 20 Each year the University is required to set aside a portion of the revenue from annual domestic tuition increases and make it available in the form of need based assistance. Policies outline how TSA can be allocated. Tuition Set Aside Graph D (excludes Guelph-Humber) $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $- Tuition Set Aside (In thousands) 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015 $583 $451 $544 $367 $480 Undergraduate $6,040 $6,975 $7,361 $8,175 $8,391 Total Assistance Provided $6,623 $7,426 $7,905 $8,542 $8,871 Graduate 21 Work Study Program On-campus part-time work experience for full-time Guelph students who demonstrate financial need Approximately 10-15 hours a week Expected earnings of $3,000 per two semesters 700 students participated in 2014/15 Undergraduate Research Assistantship Program Full-time summer research employment Minimum expected earnings is $6,600 145 positions available for Summer 2016 22 Students who are not able to meet the payment deadline dates can apply for a financial arrangement to make payments throughout their current semester. Student Financial Payment Arrangements 3,000 2,500 2,000 1,500 1,000 500 # of Financial Arrangements % Change 10/11 11/12 12/13 13/14 14/15 1,890 2,440 2,736 2,802 2,461 -1% 29% 12% 2% -12% Students were completing financial arrangement to protect themselves until their OSAP funds were received. However, the majority of OSAP funding is received well in advance of the payment deadline date. 23 A number of merit & need-based awards including donor funded awards Listing is available on Student Financial Services website, using the 24 25 56% of UoG undergraduate & graduate students received financial support OSAP $ 82.6 m University $ 60.7 m Total $143.3 m 27 Contact Us www.uoguelph.ca/registrar/studentfinance/ fininfo@uoguelph.ca -OSAP accquest@uoguelph.ca -Accounts awards@uoguelph.ca -Awards (519) – 824 - 4120 x 58715 28