Common use of Special Purpose Grant and Recoveries Clause in Contracts

Special Purpose Grant and Recoveries. In addition to the Basic Operating Grant described above, the Government of Ontario may establish other operating grants and recoveries to provide funding for priority initiatives. Allocations from these Special Purpose Grants and Recoveries are made annually according to the methodology determined by the Government of Ontario. Effective 2014- 15, the TST and its Member Institutions will be allocated a proportional share of the following Special Purpose Grants and Recoveries according to the methodology indicated: i. Graduate and Undergraduate Accessibility Grants (growth over 2013-14): As of 2014-15, the Ministry continues to allocate funding for enrolment growth on the basis of fall eligible FTEs for graduate students and on the basis of 3-term BIUs for undergraduate students. Funding to the TST will be adjusted annually to reflect enrolment increases (or decreases) from the 2013-14 baseline of 26.4 fall EFTE master’s spaces, 120.6 fall EFTE doctoral spaces and 412.0 undergraduate BIUs at the TST average rates of $7,392 per master’s student, $21,816 per doctoral student, and $2,713 per undergraduate BIU (net of formula fees). Per-student grant amounts have been adjusted to reflect the impact of the Policy Lever Efficiency Savings reduction of 1.9% on these envelopes. The Ministry has allocated funding for a limited number of growth spaces to the University and, as such, no funding will be provided for enrolment growth at the TST without prior approval of the Vice- President and Xxxxxxx of the U of T. ii. International Student Recovery: Effective 2013-14, the Ministry will recover from the TST’s operating grant an amount of $750 per international full-time equivalent student, excluding students in doctoral programs. This amount will be adjusted annually to reflect actual enrolment as of the official fall enrolment count date (November 1).

Special Purpose Grant and Recoveries. ‌ In addition to the Basic Operating Grant described above, the Government of Ontario may establish other operating grants and recoveries to provide funding for priority initiatives. Allocations from these Special Purpose Grants and Recoveries are made annually according to the methodology determined by the Government of Ontario. Effective 2014- 15, the TST and its Member Institutions will be allocated a proportional share of the following Special Purpose Grants and Recoveries according to the methodology indicated:indicated:‌‌ i. Graduate and Undergraduate Accessibility Grants (growth over 2013-14): As of 2014-15, the Ministry continues to allocate funding for enrolment growth on the basis of fall eligible FTEs for graduate students and on the basis of 3-term BIUs for undergraduate students. Funding to the TST will be adjusted annually to reflect enrolment increases (or decreases) from the 2013-14 baseline of 26.4 fall EFTE master’s spaces, 120.6 fall EFTE doctoral spaces and 412.0 undergraduate BIUs at the TST average rates of $7,392 per master’s student, $21,816 per doctoral student, and $2,713 per undergraduate BIU (net of formula fees). Per-student grant amounts have been adjusted to reflect the impact of the Policy Lever Efficiency Savings reduction of 1.9% on these envelopes. The Ministry has allocated funding for a limited number of growth spaces to the University and, as such, no funding will be provided for enrolment growth at the TST without prior approval of the Vice- President and Xxxxxxx of the U of T. ii. International Student Recovery: Effective 2013-14, the Ministry will recover from the TST’s operating grant an amount of $750 per international full-time equivalent student, excluding students in doctoral programs. This amount will be adjusted annually to reflect actual enrolment as of the official fall enrolment count date (November 1).T.‌