Here's what you need to know!
Attention all Ontario college and university students: tuition fees will stay frozen for another year!
In a news release on March 23, Ontario announced it will be continuing the current tuition freeze for universities and colleges throughout the province for an extra year, extending it to the 2022-23 school year.
"The one-year extended tuition freeze for Ontario residents builds on Ontario's historic 10 per cent reduction in tuition for the 2019-20 academic year, and the subsequent two-year freeze from 2020-22," the announcement reads.
According to the government, this action to cut and freeze tuition has given students $450 million in relief each year when compared to what it cost back in the 2018-19 school year.
Ontario also noted that undergrad university students in arts and science programs are paying an average of $660 less compared to if the tuition reduction and freeze hadn't been put in place.
"Our government recognizes that students and their families make huge sacrifices to attend college and university, so our government will continue to look for ways to reduce financial barriers for learners," Colleges and Universities Minister Jill Dunlop said.
"By freezing tuition for another year, we are saying yes to ensuring that students have access to affordable, high-quality postsecondary education, and reducing the financial strain on families who have already faced so many challenges throughout the pandemic."
Before the reduction in 2019, Ontario university tuition rates were the highest among the provinces, but now the provincial government says it has dropped to the fourth-highest for undergrads and second-highest for grad students.
This article's cover image was used for illustrative purposes only.