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UTM The Rae Report and the Ontario Budget 2005. Rotary Club, March 2005. Growth and development at UTM. Initiated and enabled by expansion of the student population Student population will grow to 11,500 in 2006/7. Actual 8800. 8268. Enrolment Planning and Statistics, 07/03/2003.

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UTM The Rae Report and the Ontario Budget 2005

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    1. UTM The Rae Report and the Ontario Budget 2005 Rotary Club, March 2005

    2. Growth and development at UTM • Initiated and enabled by expansion of the student population • Student population will grow to 11,500 in 2006/7

    3. Actual 8800 8268 Enrolment Planning and Statistics, 07/03/2003

    4. Actual 2176 Target 2450 Source: Planning and Budget 07/03/03

    5. UTM Steps UpStrategic Priorities • Strengthen our faculty • Enrich the student experience • Build upon our academic programs • Extend our reach • Strengthen our infrastructure and resource base (eg over $120M capital projects)

    6. Erindale Hall Opened September 2003 Another 400 bed residence to open May 2007

    7. CCIT (Opened September 2004)

    8. The Hazel McCallion Academic Learning Centre (2006)

    9. Recreation, Athletics and Wellness Centre (2006)

    10. Springbank-Alumni House The new Welcome / Visitors Centre

    11. Challenges facing UTM, UofT, indeed Ontario • A generation of professionals from all walks of life is retiring • A new generation of students is pushing university growth to record levels • What kind of education will they receive? • And why should Ontario invest in Universities?

    12. Universities: • They cultivate the ideas and the leaders that drive our economy and sustain society • They are incubators for health and science breakthroughs that save lives; they are incubators for the arts and social sciences • They educate the doctors, nurses, teachers and administrators that are crucial to Ontario’s health care and education systems • They are major avenues of advancement for a new generation

    13. What’s the Problem?

    14. Problems! • Ontario is 10th out of the 10 provinces in public funding to universities • Ontario produces less than half the master’s graduates and about three-quarters of the PhD graduates of peer U.S. jurisdictions • These deficiencies in higher education account for about 25% of the “prosperity gap” between Ontario and peer jurisdictions • As funding decreases, so does quality.

    15. Provincial University Operating Grants Per FTE Enrolment Provincial Comparison 1988-89 to 2001-02

    16. Full-time Students Per Full-time Faculty MemberCanadian Universities Provincial Comparison 1987-88 to 1999-00

    17. Master’s Degrees Per 1,000 Population, Ontario and US Peer States, 1997-98Source: Institute for Competitiveness and Prosperity, 2004

    18. What’s the Solution?

    19. A Shared Problem, A Shared Solution • About $1.5 billion is needed to bring per-student University funding in Ontario to the average for peer jurisdictions • All must contribute • provincial and federal government • institutions • students and their families • private supporters • UofT endorses Rae’s recommendations as an essential first step

    20. Government Operating Funding – the First Step • Rae says: • By 2007-08, Ontario should invest $1.3 billion as its share of the $1.5 billion necessary to bring total per-student revenues up to those of other provinces while making important investments in quality and accessibility.

    21. Student Support • Rae says: • Tuition grant for low-income students up to $6,000 per year, with institutional grants to cover any remainder • Overhaul of the student loan system • Encourage institutions to fundraise for student support • Recommended funding: $300 million per year.

    22. Tuition Framework • Rae says: • The government should establish the regulatory framework that ensures predictability, transparency and affordability for students. • Institutions must retain ultimate responsibility for tuition levels of individual programs.

    23. Graduate Enrolment • Rae says: • Expand graduate enrolment at those institutions that can demonstrate quality and a capacity to provide the necessary supports to students to ensure the successful and timely completion of their studies.” • Recommended funding: $180 million

    24. UofT’s Building Blocks are in Place • Tuition and Financial Aid Policies • All students know the maximum tuition for the life of their programs, and no qualified student is unable to enter or complete owing to lack of financial means • Donor base • One-half of our $1 billion endowment is dedicated to student aid • Capacity for Graduate Education • UofT leads in research support from the federal granting councils, and guarantees multi-year packages of support for doctoral students • Accountability framework • Annual Performance Indicators reports and student surveys • We are ready and eager to do our part! • We ask for your support in letting the provincial government know!