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It also covers enrollment-linked revenue shifts, space per student, apprenticeship per diem comparisons, staffing growth, and OSAP recipient participation and loan default rates.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & 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were Ontario college system revenues and grant contributions in 2019-20?","Question",{"text":63,"@type":64},"In 2019-20, college system revenues totaled $5.5 billion, and grant revenue from all sources accounted for 34% of total revenue.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How are college system expenses structured in 2019-20?",{"text":68,"@type":64},"Expenses totaled $5.2 billion, and salaries and benefits are identified as the largest expense item for colleges.",{"name":70,"@type":61,"acceptedAnswer":71},"What share of full-time post-secondary enrolment were OSAP recipients in 2019-20?",{"text":72,"@type":64},"About 140,000 college students were OSAP recipients in 2019-20, representing 74% of total full-time post-secondary enrolment.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},583663,1792167230,{"code":4,"msg":82,"data":83},"success",[84,88,92,96,101,105,110,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & 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College system expenses 4  \n2.3 Accumulated surplus, Ontario colleges 4  \n3 TRENDS IN COLLEGE FUNDING 5  \n3.1 Enrolment and revenue changes 5  \n3.2 Estimated grant and tuition fee revenue per college student by province 6  \n3.3 Operating funding and regulated tuition fees per student, Ontario education sectors 7  \n3.4 Square metres per student, Ontario education sectors 8  \n3.5 Summary of apprenticeship per diem history 9  \n4 HUMAN RESOURCES TRENDS 10  \n4.1 College staffing levels 10  \n4.2 Number of full-time college staff by category 10  \n5 STUDENT FINANCIAL AID 12  \n5.1 Levels of student assistance and number of recipients, college sector 12  \n5.2 Canada-Ontario Integrated Student Loan default rates 13  \n6 APPENDICES 14  \n6.1 Appendix 1. Operating grants and regulated tuition fee revenue per FTE 14  \n6.2 Appendix 2. Number of college student assistance recipients, by student type 15  \n6.3 Appendix 3. Average student assistance issued to college students, by student type 15  \n6.4 Appendix 4. Distribution of student assistance recipients by post-secondary sector and student  \ngroup 16  \n1 HIGHLIGHTS  \nRevenues and expenses  \n• In 2019-20, college system revenues totaled $5.5 billion. Grant revenue from all sources accounted for only 34 per cent of college system revenue.  \n• College system expenses amounted to $5 .2 billion in 2019-20. Like other organizations in both the public and private sectors, salaries and benefits together are by far the largest expense item for colleges.  \n• As of March 2020, the college system had an accumulated surplus of $2.9 billion. Two-thirds of this surplus has been invested in capital assets.  \nTrends in college funding  \n• In 2019-20, real operating grants per full-time equivalent (FTE) student were about five per cent lower than in 2004-05 and 19 per cent lower than during the peak in 2007-08.  \n• Per student revenue from operating grants and tuition fees for Ontario colleges is the lowest among the provinces. Funding per student for Ontario colleges is significantly lower than for secondary schools and universities.  \n• Space per student is much lower for Ontario colleges (7.5 square metres per student in 2019) in comparison to universities and secondary schools and is in fact lower than it was in 2012.  \n• While the apprenticeship per diem in current dollars is higher than it was in 2004-05, it is seven per cent lower than it was 15 years ago, once inflation is taken into account. The in-school student fee has not increased since it was introduced in 2002-03.  \nHuman resources  \n• Colleges employ almost 52,000 people. From 2004-05 to 2019-20, the number of full-time staff employed at colleges increased by 35 per cent.  \nStudent financial aid  \n• In 2019-20, about 140,000 college students were OSAP recipients. This represents 74 per cent of the total full-time post-secondary enrolment.  \n2 COLLEGE SYSTEM REVENUES AND EXPENSES  \n2.1 College system revenues, 2019-20  \n*Includes apprenticeship classroom fee.  \n**Includes private partnership revenue.  \n***Includes contractual educational services, other fees for services and other revenues. Source: Ontario Ministry of Colleges and Universities, CFIS.  \nPrepared by Colleges Ontario.  \n• In 2019-20, grant revenue from all sources accounted for only 34 per cent of college system revenues.  \n• Domestic and international tuition fees represent a significantly larger source of the total revenue than the revenue from grants.  \n2.2 College system expenses, 2019-20  \n*Includes amortization expense.  \nSource: Ontario Ministry of Colleges and Universities, CFIS. Prepared by Colleges Ontario.  \n• College system expenses include items such as amortization expenses, contract services, scholarships and student assistance from the tuition set-aside.  \n• Like other organizations in both the public and private sectors, compensation costs – salaries and benefits togethe","cbCaiidDJTMAbWeq","https://ap.wps.com/l/cbCaiidDJTMAbWeq","pdf",934329,17,"English","# Highlights\n## College system revenues and expenses\n## Trends in college funding\n## Human resources trends\n## Student financial aid\n# College system revenues and expenses\n## College system revenues, 2019-20\n## College system expenses, 2019-20\n## Accumulated surplus, Ontario colleges 2019-20\n# Trends in college funding\n## Enrolment and revenue changes, 2004-05 to 2019-20\n# Human resources trends\n## College staffing levels\n## Number of full-time college staff by category\n# Student financial aid\n## Levels of student assistance and number of recipients, college sector\n## Canada-Ontario Integrated Student Loan default rates\n# Appendices\n## Appendix 1. Operating grants and regulated tuition fee revenue per FTE\n## Appendix 2. Number of college student assistance recipients, by student type","[{\"question\":\"What were Ontario college system revenues and grant contributions in 2019-20?\",\"answer\":\"In 2019-20, college system revenues totaled $5.5 billion, and grant revenue from all sources accounted for 34% of total revenue.\"},{\"question\":\"How are college system expenses structured in 2019-20?\",\"answer\":\"Expenses totaled $5.2 billion, and salaries and benefits are identified as the largest expense item for colleges.\"},{\"question\":\"What share of full-time post-secondary enrolment were OSAP recipients in 2019-20?\",\"answer\":\"About 140,000 college students were OSAP recipients in 2019-20, representing 74% of total full-time post-secondary enrolment.\"}]","College System Revenues and Expenses - Trends in College Funding - Human Resources Trends - Student Financial Aid | PDF",1792048010,43]