QUALITY IMPROVEMENT FUND
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"The McGuinty government is providing more than $211 million to Ontario colleges and universities through the new Quality Improvement Fund. The fund will enhance the learning experience of students across the province by supporting quality and excellence initiatives at colleges and universities.

Eligible initiatives include: hiring more faculty and support staff, expanding library acquisitions, improving student services, encouraging post secondary institutions to further develop their areas of specialty and promoting improvements across the post-secondary system.

Colleges will receive $87.3 million of the allocation and universities will receive $124.2 million. The money is part of a 14 per cent increase in operating grants to colleges and universities in 2005-06. Disbursements from the fund are based on the principles that every dollar will result in improvement and that there will be accountability. Institutions obtaining money from the fund must sign accountability agreements that set out how the money is to be spent and the expected results from these investments.

The Quality Improvement Fund consists of the:

- Advancing Quality Fund to encourage direct results such as new faculty and support staff, more educational resources and equipment, and better student services
- Supporting Excellence Fund to recognize each institution's excellence in particular areas, such as a differentiated mission, a specialized niche or program leadership
- Change Fund to promote cross-institutional or system-wide improvements.

Improving the quality of higher education, increasing access, and ensuring accountability are the goals of Reaching Higher: The McGuinty Government Plan for Postsecondary Education. The $6.2 billion in additional money being invested under the plan is the single largest investment in postsecondary education in Ontario in 40 years.

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www.edu.gov.on.ca"

Articles / Resources:

Ontario University Interim Accountability Agreements: Where did the money go?

Mc Guinty Government Announces Quality Investment in Toronto's Colleges and Universities

McGuinty's Faulty Framework: The Real Picture of Ontario's Tuition Fee Framework

College Resources