2004/05 – 2006/07 SERVICE PLAN
Ministry of Advanced Education
Core Business Areas
1. Educational Institutions and Organizations
The Ministry provides base funding to four traditional universities
and one specialized university, five university colleges, eleven
community colleges, three provincial institutes, two Aboriginal
institutes, and other organizations that support the public post-secondary
system.
2. Industry Training and Apprenticeship
The Ministry provides funding to the Industry Training Authority,
which oversees the management of the industry training system in
British Columbia, works with industry to expand training opportunities
in industry growth areas, particularly in high-tech and other knowledge
industries, and markets awareness of industry training and apprenticeship
opportunities for youth.
3. Student Financial Assistance Programs
Student financial assistance is a program of financial aid available
to students at the post-secondary level attending both public and
accredited private institutions. It combines repayable loans and
debt reduction measures awarded on the basis of each student's financial
need. Additional assistance is provided through special programs
(e.g., loan forgiveness for doctors/nurses, nurses education bursary,
and grants to students with disabilities).
4. Debt Service Costs and Amortization of Prepaid Capital Advances
The Ministry provides funding to public post-secondary institutions
to finance capital projects including upgrades, renovations, replacements,
expansions, new facilities and equipment.
5. Executive and Support Services
The Ministry provides leadership and direction, establishes policy
and accountability, and provides funding to British Columbia's public
post-secondary system. The Ministry also administers a degree quality
assessment process for public and private post-secondary degree-granting
institutions.
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