Canada University and College News: Students support new tuition grant as significant investment in financial assistance

The new program launched today will be available to full-time domestic Ontario undergraduate and college students out of high school for four years or less with combined parental incomes of less than $160,000. For this winter term, eligible undergraduates will receive $800. Going forward, the grant will be tied each year to 30% of the average fees for first-entry non-professional students. Unlike other grant programs, students will not need to take out a student loan to access the new grant. The government also announced the phasing out of three other financial assistance programs: the Ontario Trust for Student Support; the Textbook and Technology Grant; and the Queen Elizabeth II Aiming for the Top Scholarship.

http://www.ousa.ca/2012/01/05/students-support-new-tuition-grant-as-significant-investment-in-financial-assistance/