With the tuition and fees freeze extending through 2018-19 post-secondary education will be more affordable for around 250,000 full and part-time students and apprentices.
A university or college student beginning studies in September 2018 in an average university program will save around $1,500 in tuition cost over a four-year program. With the tuition freeze and giving institutions compensation for the loss of revenue, the Alberta government is following on their promise of stability in post-secondary education.
The government will give a corresponding backfill payment to these universities with provincially regulated tuition. These payments will provide compensation for the additional tuitions funds that the institutions would have received from students. The government says this will ensure that schools will be able to maintain programs and space for students.
The province intends to share more information about its long-term tuition and funding strategy in the new year.