Common use of Sources of university funding Clause in Contracts

Sources of university funding. 11.3.1 Use of sources We asked students to indicate which of 11 different sources they are using to fund their current year of university education. The most common source is parents, family or spouse (60%), with many also using earnings from current (49%) or summer (44%) employment. The proportion who use government loans or bursaries (41%) are in line with the proportion that had debt from government student loans (40%), as shown in Table 50. Table 50: Sources of financing All students (n=18,144) Group UFV (n=434) 1 (n=5,612) 2 (n=7,916) 3 (n=4,616) Parents, family, or spouse 60% 55% 58% 65% 55% Earnings from current employment 49% 56% 47% 47% 59% Earnings from summer work 44% 50% 43% 43% 32% Government loan or bursary 41% 41% 45% 35% 29% University scholarship, financial award, or bursary 33% 40% 34% 29% 20% RESP 15% 13% 16% 14% 9% Loans from financial institution 12% 13% 11% 11% 10% Co-op program, internship, and other practical experiences related to program 11% 5% 15% 10% 5% Investment income 5% 5% 5% 5% 6% Other 4% 5% 4% 4% 7% Difference by visible minority. Students who self-identify as a member of a visible minority (30%) are less likely than those who do not (52%) to indicate they rely on earnings from summer work to pay for the current year of university. Difference by university grades. As might be expected, students with an average university grade of A- or higher (53%) are about two to three times more likely than those with an average grade of B-, B, or B+ (25%) or C+ or lower (16%) to say they have received university scholarship, financial award, or bursary.

Sources of university funding. 11.3.1 Use of sources We asked students to indicate which of 11 different sources they are using to fund their current year of university education. The most common source is parents, family or spouse (60%), with many also using earnings from current (49%) or summer (44%) employment. The proportion who use government loans or bursaries (41%) are in line with the proportion that had debt from government student loans (40%), as shown in Table 50. Table 50: Sources of financing All Group Nipissing students 1 2 3 University (n=18,144) Group UFV (n=434) 1 (n=5,612) 2 (n=7,916) 3 (n=4,616) (n=408) Parents, family, or spouse 60% 55% 58% 65% 5554% Earnings from current employment 49% 56% 47% 47% 5960% Earnings from summer work 44% 50% 43% 43% 3265% Government loan or bursary 41% 41% 45% 35% 2958% University scholarship, financial award, or bursary 33% 40% 34% 29% 2046% RESP 15% 13% 16% 14% 917% Loans from financial institution 12% 13% 11% 11% 1018% Co-op program, internship, and other practical experiences related to program 11% 5% 15% 10% 5% Investment income 5% 5% 5% 5% 65% Other 4% 5% 4% 4% 75% Difference by visible minority. Students who self-identify as a member of a visible minority (30%) are less likely than those who do not (52%) to indicate they rely on earnings from summer work to pay for the current year of university. Difference by university grades. As might be expected, students with an average university grade of A- or higher (53%) are about two to three times more likely than those with an average grade of B-, B, or B+ (25%) or C+ or lower (16%) to say they have received university scholarship, financial award, or bursary.

Sources of university funding. 11.3.1 Use of sources We asked students to indicate which of 11 different sources they are using to fund their current year of university education. The most common source is parents, family or spouse (60%), with many also using earnings from current (49%) or summer (44%) employment. The proportion who use government loans or bursaries (41%) are in line with the proportion that had debt from government student loans (40%), as shown in Table 50. Table 50: Sources of financing All Group University of students 1 2 3 Victoria (n=18,144) Group UFV (n=434) 1 (n=5,612) 2 (n=7,916) 3 (n=4,616) (n=454) Parents, family, or spouse 60% 55% 58% 65% 5560% Earnings from current employment 49% 56% 47% 47% 5952% Earnings from summer work 44% 50% 43% 43% 3243% Government loan or bursary 41% 41% 45% 35% 2935% University scholarship, financial award, or bursary 33% 40% 34% 29% 2029% RESP 15% 13% 16% 14% 915% Loans from financial institution 12% 13% 11% 11% 109% Co-op program, internship, and other practical experiences related to program 11% 5% 15% 10% 512% Investment income 5% 5% 5% 5% 6% Other 4% 5% 4% 4% 73% Difference by visible minority. Students who self-identify as a member of a visible minority (30%) are less likely than those who do not (52%) to indicate they rely on earnings from summer work to pay for the current year of university. Difference by university grades. As might be expected, students with an average university grade of A- or higher (53%) are about two to three times more likely than those with an average grade of B-, B, or B+ (25%) or C+ or lower (16%) to say they have received university scholarship, financial award, or bursary.

Sources of university funding. 11.3.1 Use of sources We asked students to indicate which of 11 different sources they are using to fund their current year of university education. The most common source is parents, family or spouse (60%), with many also using earnings from current (49%) or summer (44%) employment. The proportion who use government loans or bursaries (41%) are in line with the proportion that had debt from government student loans (40%), as shown in Table 50. Table 50: Sources of financing All students (n=18,144) Group UFV University of Winnipeg (n=434n=638) 1 (n=5,612) 2 (n=7,916) 3 (n=4,616) Parents, family, or spouse 60% 55% 58% 65% 5551% Earnings from current employment 49% 56% 47% 47% 5962% Earnings from summer work 44% 50% 43% 43% 3247% Government loan or bursary 41% 41% 45% 35% 2920% University scholarship, financial award, or bursary 33% 40% 34% 29% 2027% RESP 15% 13% 16% 14% 914% Loans from financial institution 12% 13% 11% 11% 1011% Co-op program, internship, and other practical experiences related to program 11% 5% 15% 10% 52% Investment income 5% 5% 5% 5% 64% Other 4% 5% 4% 4% 76% Difference by visible minority. Students who self-identify as a member of a visible minority (30%) are less likely than those who do not (52%) to indicate they rely on earnings from summer work to pay for the current year of university. Difference by university grades. As might be expected, students with an average university grade of A- or higher (53%) are about two to three times more likely than those with an average grade of B-, B, or B+ (25%) or C+ or lower (16%) to say they have received university scholarship, financial award, or bursary.

Sources of university funding. 11.3.1 Use of sources We asked students to indicate which of 11 different sources they are using to fund their current year of university education. The most common source is parents, family or spouse (60%), with many also using earnings from current (49%) or summer (44%) employment. The proportion who use government loans or bursaries (41%) are in line with the proportion that had debt from government student loans (40%), as shown in Table 50. Table 50: Sources of financing All students (n=18,144) Group UFV XxXxxx University (n=434n=564) 1 (n=5,612) 2 (n=7,916) 3 (n=4,616) Parents, family, or spouse 60% 55% 58% 65% 5580% Earnings from current employment 49% 56% 47% 47% 5937% Earnings from summer work 44% 50% 43% 43% 3248% Government loan or bursary 41% 41% 45% 35% 29% University scholarship, financial award, or bursary 33% 40% 34% 29% 2023% RESP 15% 13% 16% 14% 918% Loans from financial institution 12% 13% 11% 11% 107% Co-op program, internship, and other practical experiences related to program 11% 5% 15% 10% 5% Investment income 5% 5% 5% 5% 65% Other 4% 5% 4% 4% 72% Difference by visible minority. Students who self-identify as a member of a visible minority (30%) are less likely than those who do not (52%) to indicate they rely on earnings from summer work to pay for the current year of university. Difference by university grades. As might be expected, students with an average university grade of A- or higher (53%) are about two to three times more likely than those with an average grade of B-, B, or B+ (25%) or C+ or lower (16%) to say they have received university scholarship, financial award, or bursary.

Sources of university funding. 11.3.1 Use of sources We asked students to indicate which of 11 different sources they are using to fund their current year of university education. The most common source is parents, family or spouse (60%), with many also using earnings from current (49%) or summer (44%) employment. The proportion who use government loans or bursaries (41%) are in line with the proportion that had debt from government student loans (40%), as shown in Table 50. Table 50: Sources of financing All Group Xxxxx students 1 2 3 University (n=18,144) Group UFV (n=434) 1 (n=5,612) 2 (n=7,916) 3 (n=4,616) (n=941) Parents, family, or spouse 60% 55% 58% 65% 5561% Earnings from current employment 49% 56% 47% 47% 5949% Earnings from summer work 44% 50% 43% 43% 3256% Government loan or bursary 41% 41% 45% 35% 2951% University scholarship, financial award, or bursary 33% 40% 34% 29% 2038% RESP 15% 13% 16% 14% 918% Loans from financial institution 12% 13% 11% 11% 1014% Co-op program, internship, and other practical experiences related to program 11% 5% 15% 10% 54% Investment income 5% 5% 5% 5% 65% Other 4% 5% 4% 4% 74% Difference by visible minority. Students who self-identify as a member of a visible minority (30%) are less likely than those who do not (52%) to indicate they rely on earnings from summer work to pay for the current year of university. Difference by university grades. As might be expected, students with an average university grade of A- or higher (53%) are about two to three times more likely than those with an average grade of B-, B, or B+ (25%) or C+ or lower (16%) to say they have received university scholarship, financial award, or bursary.