ONTARIO STUDENT ASSISTANCE PROGRAM (OSAP) |
ONTARIO DISCLOSURE REQUIREMENTS
-KEY PERFORMANCE INDICATOR (KPI) |
|
CANADIAN BUSINESS COLLEGE |
(Toronto and Scarborough Campus) |
Canadian Business College offers a challenging learning experience in a supportive learning environment that builds those skills required in Information Technology careers. CBS College has been in operation since 1992 and has proven results! We realize how important it is for some of our students to have access to student loans in order to reach their goal. We encourage our students to understand their student loan opportunities and obligations.The Ontario Ministry of Training, Colleges and Universities now makes it mandatory for all public and private post-secondary institutions to provide potential students with information about graduation rates, job placement rates, and student loan default rates for the programs they are considering.
The following information outlines these rates for the Toronto Campus of Canadian Business College:
Ontario Student Loan Recipients and Defaults for Private Career Colleges in Ontario, 2002 and 2001 |
Institution |
Number of Loans
Issued
1999/00 |
Number of Loans
Issued
1998/99
Number of Loans
in Default
2002 |
Number of Loans
in Default
2001 |
Default Rate
2002 |
| CANADIAN BUSINESS COLLEGE - BLOOR |
21 |
11 2 |
4 |
9.5% |
| CANADIAN BUSINESS COLLEGE - SCARBOROUGH |
6 |
n.a. 0 |
n.a. |
0.0% |
Ontario Student Loan Recipients and Defaults for Ontario Postsecondary Institutions, 2002 and 2001 |
Institution |
Number of Loans
Issued
1999/00 |
Number of Loans
Issued
1998/99
Number of Loans
in Default
2002 |
Number of Loans
in Default
2001 |
Default Rate
2002 |
Default Rate
2001 |
| Notes
(1) Number of students at this institution who were issued an Ontario Student Loan (OSL) in 1999/00 and did not receive an OSL in 2001/02.
Number of students at this institution who were issued an Ontario Student Loan (OSL) in 2001/02 and did not receive an OSL in 1999/00.(2) Number of Students who were issued an Ontario Student Loan in 1999/00 and did not receive an Ontario Student Loan in 2001/02, and who defaulted on their OSL repayment obligations as of July 2002.
Number of Students who were issued an Ontario Student Loan in 2001/02 and did not receive an Ontario Student Loan in 1999/00, and who defaulted on their OSL repayment obligations as of July 2001.
(3) Number of Loans in Default as a percentage of the Number of Loans Issued. |
Universities |
25,687 |
25,110
1,916 |
1,851 |
7.5% |
7.4% |
Colleges of Applied Arts and Technology |
26,392 |
27,373
4,234 |
4,793 |
16.0% |
17.5% |
Private Career Colleges |
10,985 |
13,463
2,655 |
3,598 |
24.2% |
26.7% |
Other Private and Public Institutions |
770 |
712
63 |
51 |
8.2% |
7.2% |
Total Ontario Postsecondary Institutions |
63,834 |
66,658
8,868 |
10,293 |
13.9% |
15.4% |
Graduate Employment Rates and Graduation Rates by Program for Private Career Colleges in Ontario, 2001/02 |
INSTITUTION NAME/PROGRAM NAME |
Graduate Employment Rates Six Months After Graduation
2001/02 Graduates
Number Employed |
Graduate Employment Rates Six Months After Graduation
2001/02 Graduates
Number in the Labour Force
Graduate Employment Rates Six Months After Graduation
2001/02 Graduates
Employment Rate |
Graduation Rate
Number of Graduates 2001/02 |
Graduation Rate
Number of Enrolments 2001/02 |
Graduation Rate
Graduation Rate 2001/02 |
| Notes
(1) Number of surveyed 2001/02 graduates who were employed six months after graduation.(2) Number of surveyed 2001/02 graduates who were employed or not working and seeking employment (ie. unemployed) six months after graduation.(3) Number of students who graduated in 2001/02 (August 1, 2001 to July 31, 2002).(4) Number of enrolments who graduated or were scheduled to graduate in 2001/02 (August 1, 2001 to July 31, 2002).* Number of graduates in the labour force or number of enrolments is 4 or less, no information is shown.
|
CANADIAN BUSINESS COLLEGE - SCARBOROUGH |
ACCOUNTING ASSISTANT |
3 |
7
42.9% |
16 |
18 |
88.9% |
ADMINISTRATIVE ASSISTANT |
* |
*
* |
7 |
7 |
100.00% |
| BUSINESS INFORMATION TECHNOLOGY |
* |
* * |
* |
* |
* |
BUSINESS OFFICE SKILLS |
* |
*
* |
* |
* |
* |
DATABASE ADMINISTRATOR |
* |
* * |
* |
* |
* |
DIGITAL MEDIA PUBLISHING |
* |
* * |
* |
* |
* |
INFORMATION TECHNOLOGY SPECIALIST |
* |
* * |
* |
* |
* |
MULTIMEDIA SPECIALIST |
* |
* * |
* |
* |
* |
| SOFTWARE ENGINEERING |
* |
* |
* |
|
|
NETWORK ENGINEERING |
|
|
* |
* |
* |
CANADIAN BUSINESS COLLEGE - SCARBOROUGH - Total |
10 |
16
62.5% |
34 |
39 |
87.2% |
| |
CANADIAN BUSINESS COLLEGE - BLOOR |
ACCOUNTING ASSISTANT |
8 |
13
61.5% |
36 |
36 |
100.00% |
ADMINISTRATIVE ASSISTANT |
* |
*
* |
13 |
13 |
100.00% |
BUSINESS INFORMATION TECHNOLOGY |
* |
*
* |
* |
* |
* |
BUSINESS OFFICE SKILLS |
5 |
7
71.4% |
21 |
21 |
100% |
DATABASE ADMINISTRATOR |
* |
*
* |
* |
* |
* |
DIGITAL MEDIA PUBLISHING |
* |
*
* |
5 |
5 |
100.00% |
| E-BUSINESS SOFTWARE ENGINEER |
* |
* |
* | | |
INFORMATION TECHNOLOGY SPECIALIST |
* |
* |
* | | |
MULTIMEDIA SPECIALIST |
* |
*
* |
4 |
5 |
80% |
SOFTWARE ENGINEERING (NE) |
* |
* |
* | | |
NETWORK ENGINEERING (NE) |
* |
* |
* | | |
CANADIAN BUSINESS COLLEGE - BLOOR - Total |
21 |
31
67.7% |
96 |
98 |
98% |
| Note: |
1. The graduation rate pertains to 2001/02 graduates.
2. The job placement rate pertains to 2001/02 graduates six months after graduation.
3. The loan default rate pertains to student who last received OSAP in 2001/02 and defaulted on their loans as of July 1999.
4. For the reporting period in question, the Digital Media - Web Designer, E-Business Software Engineering, Data Base Administrator, Software Engineering, E-Commerce Multimedia, Network Engineering, Network Administration, Business Office Skills and Business Information Technology, Information Technology specialist programs are new offering's). The graduation rate was based upon 0 students graduating out of a total of 0 enrolments. |
|
All Diploma programs at the Scarborough Campus are deemed by the Ministry Audit Procedures as New Offering.
For your reference, information on all post-secondary institutions and programs in Ontario is available on the Ministry's website at: http://osap.gov.on.ca . The Survey was conducted by an Independent Auditor selected by the Ontario Ministry Of Training, Colleges and Universities. Student Support Branch.
| Canadian Business College is working with students and graduates to ensure that they are familiar with their student loan responsibilities: |
1. It is the student's responsibility to honour his/her loan obligations.
2. We urge you to assume your responsibility for repaying your student loans. Failure to pay back your loan affects your credit rating and, therefore, your future.
3. Ask our Financial Administrator about details on OSAP and repayment arrangements once you leave Canadian Business College. |
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