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etween $41,000 and $79,300. While the new Canada Study Grants<br />
are lower in value, the new income thresholds mean that more<br />
students qualified for financial aid. For example, in 2008, 70,000<br />
university students qualified for CMSF bursaries while in 2009,<br />
about twice as many university students qualified for new Canada<br />
Study Grants.<br />
IGURE 46: The growing educational attainment of adults aged 45-to-54<br />
hould drive further growth in university participation<br />
In addition, there has been a 10-fold increase in the amount of<br />
scholarships and bursaries – rising from $150 million in 1990 to<br />
about $1.6 billion in 2010-<strong>2011</strong> 45 – provided by universities to<br />
their undergraduate and graduate students. The availability of<br />
institutional support is now more widely recognized by potential<br />
students and their families. Data from the Canadian Undergraduate<br />
Survey Consortium illustrate that in 2007-2008, about 30 percent<br />
of all undergraduate students received scholarships or financial<br />
awards from their university with an average value of $3,000.<br />
1976 1981 1986 1991 1996 2001 2006 <strong>2011</strong>e 2016e<br />
rce: Statistics Canada, Labour Force Survey and Census<br />
FIGURE 49: Since 1990, there has been a 10-fold increase<br />
in university support for scholarships and bursaries<br />
ada<br />
bia<br />
erta<br />
wan<br />
FIGURE 47: High 1.6 school drop-out rates have declined<br />
significantly during<br />
1.4<br />
the last two decades Constant 2010 $<br />
1.2<br />
Current $<br />
($) Billions<br />
1.8<br />
1.0<br />
0.8<br />
0.6<br />
0.4<br />
Constant 2010 $<br />
$30,000<br />
Current $<br />
$25,000<br />
Increases in government grants, loan remissions, loans and tax<br />
credits as well as increases in institutional scholarships and bursaries<br />
help to offset much of the increased costs associated with higher<br />
education.<br />
FIGURE<br />
As a<br />
49:<br />
result, Since 1990, while there debt has been for a undergraduate 10-fold increase students<br />
in university support for scholarships and bursaries<br />
doubled between 1990 and 2000, both the proportion of students<br />
with 1.8 debt (about 58 percent) and the average debt ($25,000) of<br />
those 1.6students have largely stabilized over the last decade.<br />
Student 1.2 aid plays an important<br />
Current $<br />
role in maintaining affordability<br />
even 1.0in the face of some increases in tuition fees. However,<br />
the foregoing 0.8 analysis illustrates the growing complexity in<br />
understanding 0.6 the initial and ongoing net costs, highlighting the<br />
need 0.4for more and clearer information about the relative costs and<br />
benefits<br />
0.2<br />
of attending university. Ongoing improvements to the<br />
information<br />
0.0<br />
available to students and parents, as well as enhancing<br />
the design and effective targeting of student-aid packages,<br />
can help improve access for students with high financial needs.<br />
($) Billions<br />
1.4<br />
$20,000<br />
$15,000<br />
$10,000<br />
1980-81<br />
1984-85<br />
Constant 2010 $<br />
1988-89<br />
Source: AUCC using Statistics Canada data<br />
FIGURE 50: Undergraduate FIGURE student 53: debt Canada’s doubled most between research intensive universities trail all other<br />
1990 and 2000, then stabilized groups over in student-faculty the last decadeinteraction<br />
50<br />
40<br />
30<br />
20<br />
1992-93<br />
1996-97<br />
2000-01<br />
2004-05<br />
Constant 2010 $<br />
Current $<br />
2008-09<br />
2010-11e<br />
Constant 2010 $<br />
Current $<br />
Constant 2010 $<br />
Current $<br />
toba<br />
tario<br />
ebec<br />
wick<br />
cotia<br />
land<br />
and<br />
ador<br />
0.2<br />
0.0<br />
1980-81<br />
1984-85<br />
1988-89<br />
1992-93<br />
Source: AUCC using Statistics Canada data<br />
1996-97<br />
2000-01<br />
FIGURE 50: Undergraduate student debt doubled between<br />
1990 and 2000, then stabilized over the last decade<br />
0% $30,000 5% 10% 15% 20%<br />
AUCC<br />
$25,000<br />
2007 to 2010<br />
1990 to 1993<br />
2004-05<br />
2010-11e<br />
2008-09<br />
$5,000<br />
$0<br />
2007 to 2010<br />
1990 to 1993<br />
Constant 2010 $<br />
Current $ 12<br />
1990<br />
NGS<br />
1995<br />
NGS<br />
10<br />
Source: AUCC using Statistics Canada data<br />
0<br />
2000<br />
NGS<br />
2005 2006-07<br />
NGS First yearCUSC<br />
Carnegie research<br />
universities U.S.<br />
G13 (research intensive<br />
Canadian universities)<br />
2009-10<br />
CUSC<br />
Ontario<br />
Canadian<br />
universities<br />
Senior year<br />
All NSSE<br />
Source: Council of Ontario Universities using the National Survey of Student Engagement,<br />
FIGURE 51: Growth in government operating revenues<br />
have helped drive full-time <strong>enrolment</strong> growth since 1997<br />
Trends in Higher Education | Volume 1. Enrolment | 51<br />
900<br />
800