1. 2015 Ontario Budget May Conference

2. 2015 Budget Overview PSE Highlights Removal of the student-owned vehicle asset exemption from OSAP’s needs assessment Additional $5 million through the Postsecondary Education Fund for Aboriginal Learners (PEFAL) Removal of the i n-study income from OSAP’s assessment Decoupling of Grants and Loans

3. Student-owned vehicle asset exemption History – Aug 2014 – Presidents’ Workshop – Nov 2014 – Advocacy Workshop – Jan 2015 – CSA’s Pre-Budget Submission – Apr 2015 – Removal from OSAP assessment Impacts over 7,300 Ontario College Students Will provide up to $22 million in additional OSAP funds for students

4. Additional funds for Aboriginal Students History – 2011 – Aboriginal Education and Training Policy Framework Provide multi-year funding for aboriginal learners Creation of Postsecondary Education Fund for Aboriginal Learners – 2015 – CSA’s Pre-Budget Submission – 2015 – Additional funding for Aboriginal Students Providing an additional $5 million CSA’s pre-budget asked for between $1.6 - $6.6 million

5. In-Study Income History – 2010 - $100/week of study – 2011 - Indexed to inflation – 2014-15 - $113.00/week of study Money students earn while employed during the semester will not negatively impact their OSAP $50/week of scholarship is allowed (max. $1750)

6. Grants and Loans OSAP – Combination of Grants and Loans Loans – Students pay the money back to the government Grants – Students do not pay the money back Decoupling – Students can now: Take loans and grants from the government; OR Take just loans from the government; OR Take just grants from the government

7. PSE 2015 Ontario Budget Indexing the Ontario maximum student aid levels annually to inflation Launching the Ontario Student Loan Rehabilitation Program Indexing and increasing the debt cap at no more than $7,400 Ontario student loan limit increases to $155 per week for single students and $355per week for students who are married or have dependent children $250 million over two years – reinvesting in the Ontario Youth Jobs Strategy (YTD - $565 million) $55 million into the Skilled Trades – Investing an additional $13 million over two years for pre-apprenticeship programs; – Providing $19 million over three years to increase the per diem for apprenticeship classroom training; and – Investing an additional $23 million over two years in the Apprenticeship Enhancement Fund

8. Budget Media Facebook – Reach 7559 – Likes (includes likes on shares) 160 – Comments (includes comments on shares) 30 – Shares (includes shares on shares) 35 Twitter – Impressions 7861 – Retweets 61 – Favourites 22 News Stories – Toronto Sun | Craig Glover | Budget Reviews Are In – Peterborough Examiner | Antonella Artuso | Ontario Budgets $130B for Infrastructure Spending – Toronto Star | Rob Ferguson | Ontario budget tables changes for OSAP

9. 2015 Federal Budget

10. PSE 2015 Federal Budget Eliminating in-study income, ensuring that students are not penalized for earning an income while in school Expanding the eligibility of Canada Student Grants, allowing students in shorter programs access to non-repayable aid The launch of a labour market information portal. Helping students make informed decisions about their future educational and career paths Amending the Canada Labour Code to protect interns with even the most basic health and safety standards Renewing the Mental Health Commission of Canada’s mandate for another ten years Reducing expected parental contribution

11. Matt Caron Director of Advocacy advocacy@collegestudentalliance.ca 416-951-0181 www.collegestudentalliance.ca 416-340-1212 @CSA_ON QUESTIONS?