Alberta Students Applaud Government Move towards Strong, Stable Support of Post-Secondary Education
FOR IMMEDIATE RELEASE
Alberta Students Applaud Government Move towards Strong, Stable Support of Post-Secondary Education
February 13, 2012 — Edmonton, AB
The Alberta Students’ Executive Council (ASEC) is pleased to see the Government of Alberta take action on the Council’s recommendations to reduce complexity of the student financial aid system, and to increase support for post-secondary institutions.
“We’ve long advocated for greater transparency and simplicity in how the government provides loans to students”, says Timothy Jobs, Chair of ASEC. Key adjustments to the student loan system announced today include changing loan eligibility requirements to eliminate savings, part-time earnings and parental contributions in favor of a flat-rate contribution of $1500; and a move away from a poorly-understood remissions system towards new completion and retention grants.
Says Jobs, “removing these barriers to entry will help take away the uncertainty and confusion many young Albertans encounter when they are faced with decisions about their future options for education. These are important steps towards increasing the number of Albertans who are able to pursue a post-secondary education.”
Jobs added that the impact of this announcement is augmented by the move to a three-year funding cycle for post-secondary institutions announced in Budget 2012. “Our sector has been under considerable strain the last few years with no increases to the operating budgets of our colleges, universities and technical institutes. The guaranteed 2% increases for the next three years will ease some of the pressures facing our sector, and that, in turn, should have a positive effect on students,” he explained.
ASEC advocated for steady investment in Alberta’s post-secondary institutions in its annual recommendations to the Treasury Board in 2009, 2010 and 2011. “It’s highly encouraging that the government has take the opportunity to reaffirm their commitment to Alberta’s future economic growth by improving the stability and effectiveness of our post-secondary institutions” says Jobs.
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The Alberta Students Executive Council is province-wide student advocacy group representing 170,000 students from 14 universities, technical institutes, and colleges.
For more information, location details or to set up an interview, contact:
Timothy Jobs, Chair
Alberta Students’ Executive Council
780-932-9583
timothyj@nait.ca


