Statistical Review: Canada Student Loans Program 2013-2014

Official title: Canada Student Loans Program Statistical Review 2013-2014

Introduction

The Government of Canada, through the Canada Student Loans Program (CSLP), provides Canada Student Loans and Grants to eligible Canadians who are attending college, university or trade school. Canada Student Loans and Grants are available across Canada, with the exception of Quebec, Nunavut and the Northwest Territories, which operate their own student financial assistance programs.

Since its introduction in 1964, the Canada Student Loans Program has provided over $46 billion in student loans to more than 5.1 million students. Since 1995, the CSLP has also provided students with approximately 2.4 million non-repayable grants totaling over $4.4 billion.

The following tables provide detailed statistics of the Canada Student Loans Program by loan years up to 2013-2014. The CSLP loan year runs from August 1 to July 31.

1 Full-Time Canada Student Loan Disbursement

1.1 Number of Full-Time Borrowers by Jurisdiction

Province/territory 2009-10 2010-11 2011-12 2012-13 2013-14
Newfoundland and Labrador 7,382 6,950 6,635 6,354 6,081
Prince Edward Island 3,286 3,326 3,307 3,280 3,115
Nova Scotia 14,631 14,835 15,351 15,790 16,637
New Brunswick 14,727 14,604 14,586 13,619 12,859
Ontario 243,515 256,692 273,614 302,355 323,200
Manitoba 8,213 8,823 9,410 9,858 9,829
Saskatchewan 9,708 11,038 11,510 11,469 11,202
Alberta 42,006 47,503 49,882 49,114 49,309
British Columbia 58,066 60,593 62,087 60,158 59,058
Yukon 200 211 200 170 154
Total 401,734 424,575 446,582 472,167 491,444

1.2 Value of Full-Time Loans by Jurisdiction ($ million)

Province/territory 2009-10 2010-11 2011-12 2012-13 2013-14
Newfoundland and Labrador 33.3 31.1 29.9 29.9 29.0
Prince Edward Island 21.0 21.2 21.1 21.3 20.3
Nova Scotia 97.5 98.5 106.1 110.5 116.7
New Brunswick 74.3 73.2 74.1 71.7 70.4
Ontario 1,208.8 1,285.0 1,420.0 1,603.9 1,735.3
Manitoba 36.4 40.3 44.6 47.8 47.3
Saskatchewan 56.1 65.1 66.2 66.6 66.1
Alberta 216.5 252.3 275.8 269.3 274.1
British Columbia 338.3 351.0 361.9 344.5 340.5
Yukon 1.1 1.1 1.1 0.9 0.9
Total 2,083.2 2,218.9 2,400.7 2,566.4 2,700.7

1.3 Average Full-Time Loan Amount by Jurisdiction ($)

Province/territory 2009-10 2010-11 2011-12 2012-13 2013-14
Newfoundland and Labrador 4,512 4,480 4,508 4,699 4,776
Prince Edward Island 6,386 6,376 6,365 6,484 6,517
Nova Scotia 6,661 6,643 6,909 7,000 7,012
New Brunswick 5,046 5,011 5,081 5,263 5,478
Ontario 4,964 5,006 5,190 5,305 5,369
Manitoba 4,431 4,567 4,738 4,851 4,814
Saskatchewan 5,774 5,896 5,754 5,806 5,904
Alberta 5,154 5,312 5,529 5,483 5,558
British Columbia 5,826 5,793 5,829 5,726 5,765
Yukon 5,359 5,381 5,663 5,584 5,762
Total 5,186 5,226 5,376 5,435 5,495

1.4 Number of Full-Time Borrowers by Institution Type

Institution type 2009-10 2010-11 2011-12 2012-13 2013-14
University 242,860 252,309 264,551 279,015 288,867
College 117,671 128,860 137,105 147,861 156,262
Private institution 41,203 43,406 44,926 45,291 46,315
Total 401,734 424,575 446,582 472,167 491,444

1.5 Value of Full-Time Loans by Institution Type ($ million)

Institution type 2009-10 2010-11 2011-12 2012-13 2013-14
University 1,261.2 1,321.7 1,430.2 1,533.8 1,611.1
College 526.4 576.1 632.8 692.8 739.9
Private institution 295.7 321.1 337.6 339.8 349.6
Total 2,083.2 2,218.9 2,400.7 2,566.4 2,700.7

1.6 Number of Full-Time Borrowers by Study Level

Study level 2009-10 2010-11 2011-12 2012-13 2013-14
Doctorate 3,880 4,072 4,323 4,207 4,319
Master 15,441 15,212 15,522 16,187 17,186
Undergraduate 239,226 249,744 263,414 279,339 289,662
Non-degree 143,187 155,547 163,323 172,434 180,277
Total 401,734 424,575 446,582 472,167 491,444

1.7 Value of Full-Time Loans by Study Level ($ million)

Study level 2009-10 2010-11 2011-12 2012-13 2013-14
Doctorate 30.2 32.1 34.7 34.2 35.2
Master 106.8 109.6 113.4 119.5 127.5
Undergraduate 1,210.7 1,272.5 1,386.6 1,495.5 1,572.4
Non-degree 735.5 804.7 866.0 917.2 965.6
Total 2,083.2 2,218.9 2,400.7 2,566.4 2,700.7

1.8 Number of Full-Time Borrowers by Age Group

Age group 2009-10 2010-11 2011-12 2012-13 2013-14
21 and under 220,003 230,521 241,756 258,205 271,271
22 to 25 105,115 109,697 115,443 121,661 125,045
26 to 29 36,495 39,555 41,776 42,683 43,357
30 and over 40,121 44,802 47,607 49,618 51,771
Total 401,734 424,575 446,582 472,167 491,444

1.9 Value of Full-Time Loans by Age Group ($ million)

Age group 2009-10 2010-11 2011-12 2012-13 2013-14
21 and under 1,019.6 1,073.0 1,173.2 1,274.9 1,361.5
22 to 25 581.0 610.1 652.2 693.5 717.8
26 to 29 223.0 243.5 261.1 267.8 274.4
30 and over 259.6 292.3 314.2 330.3 347.0
Total 2,083.2 2,218.9 2,400.7 2,566.4 2,700.7

2 Part-Time Canada Student Loan Disbursement

2.1 Number of Part-Time Borrowers by Jurisdiction

Province & territory 2009-10 2010-11 2011-12 2012-13 2013-14
Newfoundland and Labrador 10 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1
Prince Edward Island 64 81 95 90 95
Nova Scotia 79 102 119 126 137
New Brunswick suppressed data Footnote 1 74 69 92 102
Ontario 1,005 1,642 3,602 5,168 6,261
Manitoba 149 203 267 327 393
Saskatchewan suppressed data Footnote 1 60 73 78 82
Alberta 325 444 477 1,021 1,166
British Columbia 1,056 1,350 1,744 2,679 2,986
Yukon suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1
Total 2,698 3,974 6,470 9,601 11,254

2.2 Value of Part-Time Loans by Jurisdiction ($ thousand)

Province & territory 2009-10 2010-11 2011-12 2012-13 2013-14
Newfoundland and Labrador 9.3 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1
Prince Edward Island 137.9 121.0 153.8 181.2 214.5
Nova Scotia 101.9 146.6 159.2 203.0 202.5
New Brunswick suppressed data Footnote 1 85.6 108.4 175.9 174.1
Ontario 1,639.4 2,622.8 5,933.1 8,250.4 10,376.7
Manitoba 317.8 374.9 601.4 738.4 949.7
Saskatchewan suppressed data Footnote 1 144.2 241.3 179.7 182.7
Alberta 457.8 724.0 739.4 1,740.7 2,099.5
British Columbia 1,873.3 2,704.3 3,248.3 5,066.7 5,660.2
Yukon suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1
Total 4,550.6 6,946.3 11,215.9 16,553.4 19,887.7

3 Canada Student Grant Disbursement

3.1 Number and Value of Canada Student Grants by Grant Type

Type of grants 2009-10 2010-11 2011-12
Number of grants Value of grants

($ million)
Number of grants Value of grants

($ million)
Number of grants Value of grants

($ million)
Full-time studies
Students from low-income families 190,083 353.4 206,001 385.9 218,837 410.4
Students from middle-income families 83,341 60.9 87,604 64.7 89,076 65.7
Full-time students with dependents 28,212 66.3 33,733 79.9 36,596 87.2
Students with permanent disabilities 18,185 33.8 20,613 38.6 22,881 42.7
Students with permanent disabilities - equipment and services 8,099 22.1 8,876 23.7 7,753 20.5
Transition Grants Footnote 2 35,089 52.1 15,884 24.0 4,365 6.2
Millennium Excellence Awards Footnote 3 39 0.2 1,162 6.5 768 4.0
Total full-time grants 363,048 588.9 373,873 623.2 380,276 636.7
Part-time studies
Part-time students 4,147 4.4 6,186 6.7 8,802 9.7
Part-time students with dependents 114 0.1 162 0.2 317 0.3
Total part-time grants 4,261 4.5 6,348 6.9 9,119 10.0
Total number of grants 367,309 593.4 380,221 630.0 389,395 646.7
Total unique grant recipients 295,153 593.4 320,154 630.0 336,173 646.7

3.1 Number and Value of Canada Student Grants by Grant Type (continued)

Type of grants 2012-13 2013-14
Number of grants Value of grants

($ million)
Number of grants Value of grants

($ million)
Full-time studies
Students from low-income families 232,209 444.0 238,513 455.0
Students from middle-income families 93,262 70.5 95,493 72.3
Full-time students with dependents 37,655 92.2 38,317 93.4
Students with permanent disabilities 26,547 50.4 29,222 55.3
Students with permanent disabilities - equipment and services 8,290 21.6 8,622 21.9
Transition grants Footnote 2 N/A N/A N/A N/A
Millennium Excellence Awards Footnote 3 255 1.4 17 0.1
Total full-time grants 398,218 680.1 410,184 698.0
Part-time studies
Part-time students 13,180 14.5 14,937 16.6
Part-time students with dependents 423 0.4 739 0.7
Total part-time grants 13,603 14.9 15,676 17.3
Total number of grants 411,821 695.0 425,860 715.3
Total unique grant recipients 356,894 695.0 367,603 715.3

3.2 Number of recipients and value of Canada Student Grants by Jurisdiction Footnote 4

Province/ territory 2009-10 2010-11 2011-12 2012-13 2013-14
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Newfoundland and Labrador 4,823 8.8 4,394 7.9 4,215 7.5 4,063 7.5 3,879 7.6
Prince Edward Island 2,305 4.7 2,399 4.7 2,323 4.3 2,406 4.5 2,370 4.6
Nova Scotia 10,184 21.4 10,364 21.6 10,616 21.7 10,917 22.8 11,321 23.5
New Brunswick 8,592 16.6 8,584 16.0 8,448 15.6 8,199 15.9 7,919 16.1
Ontario 181,270 354.8 194,333 370.5 207,364 386.7 226,772 431.8 239,781 457.2
Manitoba 6,272 16.3 6,928 16.5 7,757 16.6 7,788 17.7 7,922 17.3
Saskatchewan 7,270 18.6 8,101 18.7 8,661 19.8 8,659 20.0 8,374 18.9
Alberta 30,696 65.7 36,247 75.7 36,573 74.2 37,647 76.4 36,559 73.6
British Columbia 43,542 85.9 47,463 91.4 49,284 95.8 50,036 96.7 49,336 96.1
Yukon 160 0.4 179 0.5 164 0.4 152 0.3 125 0.3
Total 295,114 593.2 318,992 623.5 335,405 642.7 356,639 693.6 367,586 715.2

3.3 Number of Recipients and Value of Canada Student Grants by Institution Type

Institution type 2009-10 2010-11 2011-12 2012-13 2013-14
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
University 189,442 363.6 194,471 374.7 202,460 376 212,772 397.1 217,274 404.4
College 91,023 188.3 102,914 206.4 109,498 218.7 118,574 241.6 124,207 253.3
Private institution 14,688 41.5 22,769 48.9 24,215 52.0 25,548 56.2 26,106 57.6
Total 295,153 593.4 320,154 630 336,173 646.7 356,894 695 367,586 715.3

3.4 Number and Value of Full-Time grants for Students from Low-Income Families by Jurisdiction

Province of issue 2009-10 2010-11 2011-212 2012-13 2013-14
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Newfoundland and Labrador 3,281 6.0 2,971 5.5 2,865 5.3 2,756 5.1 2,605 4.9
Prince Edward Island 1,311 2.6 1,330 2.6 1,253 2.5 1,223 2.4 1,172 2.3
Nova Scotia 5,933 12.0 6,254 12.7 6,442 13.0 6,651 13.6 6,904 14.0
New Brunswick 5,303 9.9 5,333 9.8 5,191 9.6 5,109 9.6 4,951 9.6
Ontario 117,301 214.5 126,096 232.6 135,956 250.9 148,342 281.3 156,746 296.4
Manitoba 4,321 8.3 4,633 8.8 4,999 8.9 5,153 10.3 5,260 10.3
Saskatchewan 4,676 9.3 5,019 9.7 5,477 10.7 5,557 10.9 5,287 10.3
Alberta 18,960 37.1 22,725 44.9 23,277 45.5 23,447 46.0 22,642 44.3
British Columbia 28,887 53.4 31,516 59.1 33,268 63.8 33,864 64.6 32,863 62.7
Yukon 110 0.2 124 0.2 109 0.2 107 0.2 83 0.2
Total 190,083 353.4 206,001 385.9 218,837 410.4 232,209 444.0 238,513 455.0

3.5 Number and Value of Full-Time Grants for Students from Middle-Income Families by Jurisdiction

Province of issue 2009-10 2010-11 2011-12 2012-13 2013-14
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Newfoundland and Labrador 1,250 0.9 1,194 0.9 1,130 0.8 1,038 0.8 939 0.7
Prince Edward Island 748 0.6 745 0.6 694 0.6 687 0.5 650 0.5
Nova Scotia 3,363 2.7 3,276 2.7 3,328 2.7 3,380 2.7 3,519 2.9
New Brunswick 2,562 1.9 2,541 1.9 2,600 1.9 2,391 1.8 2,225 1.7
Ontario 52,309 37.6 54,520 39.7 56,274 41.0 60,916 45.9 63,512 47.9
Manitoba 1,409 1.1 1,586 1.2 1,636 1.1 1,742 1.4 1,826 1.4
Saskatchewan 2,018 1.6 2,365 1.8 2,422 1.9 2,409 1.8 2,435 1.9
Alberta 9,270 7.2 10,424 8.2 10,081 7.8 10,108 7.9 9,722 7.6
British Columbia 10,371 7.2 10,900 7.7 10,867 7.9 10,551 7.7 10,630 7.7
Yukon 41 0.03 53 0.04 44 0.04 40 0.03 35 0.03
Total 83,341 60.9 87,604 64.7 89,076 65.7 93,262 70.5 95,493 72.3

3.6 Number and Value of Full-Time Grants for Students with Permanent Disabilities by Jurisdiction

Province of issue 2009-10 2010-11 2011-12 2012-13 2013-14
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Newfoundland and Labrador 192 0.4 216 0.4 253 0.5 283 0.5 377 0.7
Prince Edward Island suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1
Nova Scotia 974 1.9 976 1.9 1,122 2.2 1,275 2.5 1,331 2.6
New Brunswick 413 0.7 478 0.8 526 0.9 553 1.0 676 1.2
Ontario 12,264 22.4 13,587 25.0 15,140 27.8 17,797 33.3 19,798 37
Manitoba 349 0.7 391 0.7 374 0.7 420 0.8 412 0.8
Saskatchewan 596 1.1 693 1.4 750 1.4 806 1.6 815 1.6
Alberta 1,315 2.6 1,770 3.5 1,705 3.3 2,141 4.2 2,242 4.4
British Columbia 1,950 3.8 2,341 4.6 2,835 5.6 3,068 6.1 3,341 6.6
Yukon suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1 suppressed data Footnote 1
Total 18,185 33.8 20,613 38.6 22,881 42.7 26,547 50.4 29,222 55.3

3.7 Number and Value of Full-Time Grants for Students with Dependents by Jurisdiction

Province of issue 2009-10 2010-11 2011-12 2012-13 2013-14
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Number of recipients Value of grants

($ million)
Newfoundland and Labrador 346 0.6 322 0.6 338 0.6 358 0.7 343 0.7
Prince Edward Island 186 0.4 185 0.4 161 0.4 152 0.3 157 0.4
Nova Scotia 737 1.9 852 2.1 927 2.3 916 2.2 953 2.3
New Brunswick 907 1.8 958 1.9 930 1.9 932 1.9 862 1.7
Ontario 16,288 38.2 19,491 46.0 21,400 50.7 22,800 55.9 23,874 58.5
Manitoba 1,043 2.6 1,271 3.1 1,384 3.4 1,412 3.7 1,330 3.4
Saskatchewan 1,171 3.1 1,353 3.5 1,549 4.2 1,473 4.1 1,445 4.0
Alberta 3,336 8.2 4,454 11.1 5,031 12.5 5,228 13.1 5,066 12.3
British Columbia 4,174 9.4 4,826 10.9 4,850 11.2 4,363 10.2 4,268 9.9
Yukon 24 0.1 21 0.1 26 0.1 21 0.1 19 0.0
Total 28,212 66.3 33,733 79.9 36,596 87.2 37,655 92.2 38,317 93.4

4 Average Loan Balance at Time of Leaving School for Full-Time Students

4.1 Average Loan Balance at Time of Leaving School by Jurisdiction ($)

Province/territory 2009-10 2010-11 2011-12 2012-13 2013-14
Newfoundland and Labrador 12,891 12,206 11,611 11,683 11,320
Prince Edward Island 16,369 16,892 16,375 16,836 16,823
Nova Scotia 16,239 16,282 15,864 15,979 16,602
New Brunswick 13,498 12,821 12,438 12,374 12,614
Ontario 12,342 11,882 11,865 12,056 12,240
Manitoba 10,357 9,497 9,088 9,059 8,972
Saskatchewan 14,532 14,195 13,644 13,207 13,389
Alberta 12,816 11,598 11,554 11,748 11,853
British Columbia 13,478 12,911 12,780 13,042 13,328
Yukon 13,350 11,556 11,868 12,879 12,239
Average debt 12,857 12,281 12,155 12,314 12,480

4.2 Average Loan Balance at Time of Leaving School by Institution Type ($)

Institution type 2009-10 2010-11 2011-12 2012-13 2013-14
University 16,192 15,577 15,416 15,548 15,655
Colleges 9,651 9,104 8,975 9,143 9,452
Private institution 10,114 10,044 10,243 10,635 10,739
Average debt 12,857 12,281 12,155 12,314 12,480

4.3 Average Loan Balance at Time of Leaving School by Study Level ($)

Study level 2009-10 2010-11 2011-12 2012-13 2013-14
Doctorate 26,654 25,730 26,596 27,502 28,463
Master 19,497 19,383 19,806 20,112 20,366
Undergraduate 15,816 15,136 14,912 15,020 15,144
Non-degree 9,393 9,006 8,948 9,136 9,317
Average debt 12,857 12,281 12,155 12,314 12,480

4.4 Distribution of Average Loan Balance at Time of Leaving School by Amount

Average loan amount 2009-10 2010-11 2011-12 2012-13 2013-14
Less than $5,000 22% 22% 25% 24% 24%
$5,000 - $9,999 30% 30% 30% 30% 29%
$10,000 - $19,999 28% 27% 27% 27% 27%
$20,000 - $29,999 13% 13% 12% 12% 12%
$30,000 and over 7% 8% 7% 7% 7%

5 Repayment Assistance Plan (RAP)

5.1 Number of RAP Recipients by RAP Type and Jurisdiction

Province/territory 2012-13 2013-14
Stage 1 Stage 2 PD Total Stage 1 Stage 2 PD Total
Newfoundland and Labrador 3,694 440 108 4,242 3,639 501 124 4,264
Prince Edward Island 1,594 suppressed data Footnote 1 suppressed data Footnote 1 1,739 1,690 suppressed data Footnote 1 suppressed data Footnote 1 1,889
Nova Scotia 9,011 654 576 10,241 9,535 905 663 11,103
New Brunswick 10,009 1,114 400 11,523 10,406 1,398 432 12,236
Ontario 111,301 7,377 7,786 126,464 123,962 10,336 9,370 143,668
Manitoba 2,914 200 190 3,304 3,063 226 195 3,484
Saskatchewan 2,873 317 359 3,549 3,109 377 401 3,887
Alberta 13,054 613 493 14,160 15,590 823 611 17,024
British Columbia 30,321 1,717 1438 33,476 31,956 2,341 1,746 36,043
Yukon 72 suppressed data Footnote 1 suppressed data Footnote 1 81 78 suppressed data Footnote 1 suppressed data Footnote 1 86
Total 184,843 12,528 11,408 208,779 203,028 17,041 13,615 233,684

5.2 Number of RAP Recipients by Institution Type

Institution type 2009-10 2010-11 2011-12 2012-13 2013-14
University 72,193 74,715 83,125 91,637 102,240
College 60,461 58,480 64,797 73,978 83,505
Private institution 27,918 31,605 36,891 43,164 47,939
Total 160,572 164,800 184,813 208,779 233,684

5.3 Number of RAP Recipients by RAP Payment Type

RAP stage 2009-10 2010-11 2011-12 2012-13 2013-14
Zero payment Affordable payment Zero payment Affordable payment Zero payment Affordable payment Zero payment Affordable payment Zero payment Affordable payment
Stage 1 143,912 12,135 136,680 16,062 148,126 18,932 163,424 21,418 178,479 24,549
Stage2 996 1,423 4,097 813 6,728 1,573 10,051 2,478 13,613 3,428
Permanent disability (PD) 1,886 220 6,300 848 8,234 1,220 9,912 1,496 11,795 1,820
Total 146,794 13,778 147,077 17,723 163,088 21,725 183,387 25,392 203,887 29,797

5.4 First Year RAP Uptake Rate by Repayment Cohort and Jurisdiction Footnote 5

Province/territory 2009-10 2010-11 2011-12
Number of borrowers in the cohort Number of borrowers on RAP anytime during the 1st year in repayment RAP uptake rate Number of borrowers in the cohort Number of borrowers on RAP anytime during the 1st year in repayment RAP uptake rate Number of borrowers in the cohort Number of borrowers on RAP anytime during the 1st year in repayment RAP uptake rate
Newfoundland and Labrador 4,000 1,084 27.1% 3,870 871 22.5% 3,635 802 22.1%
Prince Edward Island 1,380 345 25.0% 1,353 351 25.9% 1,405 356 25.3%
Nova Scotia 6,785 2,011 29.6% 6,842 2,039 29.8% 6,896 2,149 31.2%
New Brunswick 6,962 2,143 30.8% 6,802 1,952 28.7% 6,984 2,298 32.9%
Ontario 86,739 24,094 27.8% 96,964 24,801 25.6% 103,489 28,965 28.0%
Manitoba 4,191 623 14.9% 4,457 693 15.5% 4,834 771 15.9%
Saskatchewan 4,708 733 15.6% 4,760 657 13.8% 5,078 710 14.0%
Alberta 15,135 2,529 16.7% 18,342 2,971 16.2% 21,013 3,442 16.4%
British Columbia 24,913 5,385 21.6% 27,888 5,827 20.9% 29,257 6,925 23.7%
Yukon 120 15 12.5% 101 13 12.9% 107 14 13.1%
Canada Footnote 6 154,949 38,963 25.1% 171,386 40,176 23.4% 182,704 46,434 25.4%

5.4 First Year RAP Uptake Rate by Repayment Cohort and Jurisdiction Footnote 5 (continued)

Province/territory 2012-13 2013-14
Number of borrowers in the cohort Number of borrowers on RAP anytime during the 1st year in repayment RAP uptake rate Number of borrowers in repayment cohort Number of borrowers on RAP anytime during the 1st year in repayment RAP uptake rate
Newfoundland and Labrador 3,432 753 21.9% 3,340 787 23.6%
Prince Edward Island 1,449 390 26.9% 1,454 408 28.1%
Nova Scotia 7,101 2,329 32.8% 7,145 2,364 33.1%
New Brunswick 6,772 2,267 33.5% 6,427 2,317 36.1%
Ontario 109,270 32,557 29.8% 118,452 34,960 29.5%
Manitoba 5,046 861 17.1% 5,131 792 15.4%
Saskatchewan 5,369 738 13.7% 5,204 857 16.5%
Alberta 22,237 3,974 17.9% 23,429 4,675 20.0%
British Columbia 29,611 8,056 27.2% 27,932 7,548 27.0%
Yukon 116 19 16.4% 99 19 19.2%
Canada Footnote 6 190,410 51,944 27.3% 198,613 54,727 27.6%

6 Three Year Cohort Default Rates for Direct Loans

6.1 Three-Year Cohort Default Rates for Direct Loans by Jurisdiction

Province/territory 2008-09 2009-10 2010-11 2011-12 2012-13 Footnote 7
Newfoundland and Labrador 14% 14% 14% 10% 10%
Prince Edward Island 14% 17% 15% 13% 13%
Nova Scotia 15% 16% 14% 13% 12%
New Brunswick 15% 15% 15% 14% 13%
Ontario 15% 15% 15% 13% 12%
Manitoba 15% 15% 13% 13% 11%
Saskatchewan 13% 13% 12% 11% 10%
Alberta 11% 13% 14% 13% 12%
British Columbia 14% 16% 14% 13% 11%
Yukon N/A 17% 12% N/A N/A
Canada 14% 15% 14% 13% 12%

6.2 Three-Year Cohort Default Rates for Direct Loans by Institution Type

Institution type 2008-09 2009-10 2010-11 2011-12 2012-13 Footnote 7
University 10% 10% 10% 9% 7%
College 17% 18% 17% 16% 14%
Private institution 27% 29% 26% 24% 22%

7 Canada Student Loans Outstanding

7.1 Outstanding Canada Student Loans In-Study and In-Repayment by Loan Regime at the End of Fiscal Year ($ million)

As of March 31 Guaranteed Loans Risk Shared Loans Direct Loans Total
In-study In-repayment In-study In-repayment In-study In-repayment In-study In-repayment Total loans in-study and in-repayment
2009 7.1 62.6 90.9 1,999.7 4,953.3 5,225.3 5,051.2 7,287.6 12,338.9
2010 5.0 45.5 63.2 1,959.3 5,233.7 5,720.6 5,301.9 7,725.3 13,027.2
2011 3.3 31.8 42.9 1,695.2 5,529.2 6,264.9 5,575.4 7,991.9 13,567.3
2012 2.3 22.2 30.4 1,476.5 5,894.1 6,803.4 5,926.9 8,302.1 14,229.0
2013 1.6 15.4 19.4 1,310.4 6,272.3 7,363.7 6,293.3 8,689.5 14,982.8
2014 1.4 10.1 13.0 1,180.0 6,649.8 7,845.7 6,664.2 9,035.8 15,699.9

8 Historical data - Canada Student Loans and Grants Disbursement

8.1 Number of Full-Time Borrowers by Jurisdiction Since 1964

Loan year Canada Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick Ontario
1964-65 42,113 737 437 2,513 2,027 21,920
1965-66 53,702 1,392 1,100 3,943 3,170 21,368
1966-67 67,401 1,488 881 5,029 3,939 27,640
1967-68 94,758 1,980 969 6,387 5,766 45,225
1968-69 103,735 2,176 958 6,640 6,178 52,165
1969-70 128,070 5,051 1,242 9,248 7,613 62,761
1970-71 126,567 5,371 1,630 9,155 7,605 60,523
1971-72 133,501 7,903 2,000 9,897 8,504 63,549
1972-73 132,012 7,553 1,869 9,966 8,440 66,390
1973-74 137,150 7,933 1,649 9,243 8,524 69,510
1974-75 151,349 7,828 1,560 9,579 7,653 79,340
1975-76 144,893 4,529 1,494 9,505 6,591 80,708
1976-77 140,870 4,795 1,395 9,201 6,210 77,823
1977-78 114,827 4,583 1,281 8,111 6,135 56,063
1978-79 122,438 4,106 1,207 7,577 6,121 66,313
1979-80 118,374 4,390 1,143 7,720 6,067 63,412
1980-81 128,362 4,906 1,228 7,955 6,404 70,963
1981-82 138,539 5,432 1,442 8,962 6,981 74,537
1982-83 172,506 7,829 1,688 10,179 8,777 93,874
1983-84 196,154 7,183 1,873 11,403 9,911 104,451
1984-85 207,184 8,240 1,992 12,378 10,275 105,028
1985-86 217,746 10,333 2,143 12,829 11,219 101,713
1986-87 234,164 11,843 2,272 13,547 11,241 101,332
1987-88 222,370 10,840 2,294 13,000 11,445 91,995
1988-89 203,047 10,303 2,070 12,779 10,917 83,868
1989-90 215,034 10,588 2,484 13,361 11,707 87,999
1990-91 240,543 12,960 2,451 14,957 13,040 100,623
1991-92 268,305 12,132 2,399 14,674 13,472 128,270
1992-93 281,312 11,740 2,211 13,905 13,427 139,299
1993-94 304,942 11,936 2,132 14,165 12,775 162,794
1994-95 315,670 12,478 2,065 13,430 10,422 180,644
1995-96 324,165 15,236 2,107 14,608 9,455 178,771
1996-97 343,224 18,717 2,169 16,201 13,437 185,297
1997-98 350,774 18,796 2,312 16,748 14,127 188,108
1998-99 336,342 17,645 2,650 17,463 14,448 177,451
1999-2000 335,103 14,842 2,306 16,553 13,782 169,990
2000-01 343,588 15,953 3,047 16,903 15,708 158,256
2001-02 328,674 13,912 3,068 17,234 15,614 145,287
2002-03 328,991 12,554 3,238 16,945 15,439 148,195
2003-04 340,203 11,541 3,385 16,697 15,902 159,684
2004-05 337,256 10,395 3,280 16,044 15,434 167,354
2005-06 343,638 9,640 3,239 15,895 15,918 182,016
2006-07 343,261 8,887 3,206 15,477 15,676 192,875
2007-08 352,708 8,570 3,297 15,137 15,446 207,694
2008-09 365,363 7,646 3,286 15,158 14,943 219,632
2009-10 401,734 7,382 3,286 14,631 14,727 243,515
2010-11 424,575 6,950 3,326 14,835 14,604 256,692
2011-12 446,582 6,635 3,307 15,351 14,586 273,614
2012-13 472,167 6,354 3,280 15,790 13,619 302,355
2013-14 491,444 6,081 3,115 16,637 12,859 323,200

8.1 Number of Full-Time Borrowers by Jurisdiction Since 1964 (continued)

Loan year Manitoba Saskatchewan Alberta British Columbia Yukon Northwest Territories
1964-65 2,272 2,992 4,519 4,675 12 9
1965-66 3,523 4,965 6,439 7,770 22 10
1966-67 4,183 6,210 8,245 9,753 21 12
1967-68 4,694 7,726 10,716 11,270 14 11
1968-69 4,694 8,015 12,878 10,000 22 9
1969-70 5,584 10,203 17,565 8,768 22 13
1970-71 4,597 9,757 19,308 8,585 27 9
1971-72 5,430 10,012 17,286 8,869 35 16
1972-73 5,710 9,361 15,462 7,208 22 31
1973-74 6,155 8,205 15,577 10,289 30 35
1974-75 7,267 6,901 14,703 16,421 42 55
1975-76 7,527 5,317 12,761 16,318 72 71
1976-77 7,052 4,886 13,283 16,103 75 47
1977-78 5,569 5,334 12,568 15,031 90 62
1978-79 4,613 5,322 12,177 14,870 78 54
1979-80 4,181 4,637 12,139 14,544 91 50
1980-81 4,224 4,933 13,476 14,130 86 57
1981-82 5,390 5,211 15,530 14,886 120 48
1982-83 7,237 6,400 16,051 20,339 122 10
1983-84 8,439 7,819 25,589 19,332 146 8
1984-85 9,722 8,083 33,331 17,936 192 7
1985-86 10,842 9,234 38,438 20,794 188 13
1986-87 11,329 14,032 45,256 23,095 201 16
1987-88 12,013 14,596 39,568 26,413 190 14
1988-89 11,596 14,360 35,698 21,247 209 N/A
1989-90 10,752 14,961 36,637 26,379 166 N/A
1990-91 11,801 15,306 37,193 31,911 301 N/A
1991-92 11,707 15,480 35,513 34,292 366 N/A
1992-93 12,066 16,280 36,649 35,350 385 N/A
1993-94 10,305 15,479 38,305 36,685 366 N/A
1994-95 9,629 14,663 32,656 39,397 286 N/A
1995-96 9,199 13,705 37,439 43,361 284 N/A
1996-97 9,208 12,951 38,900 46,103 241 N/A
1997-98 9,488 13,051 36,973 50,904 267 N/A
1998-99 9,957 13,865 36,141 46,493 229 N/A
1999-2000 10,558 15,203 39,683 51,918 268 N/A
2000-01 10,860 16,358 43,294 62,953 256 N/A
2001-02 10,267 16,246 42,323 64,467 256 N/A
2002-03 9,930 15,392 42,052 64,993 253 N/A
2003-04 9,649 15,163 42,501 65,425 256 N/A
2004-05 9,180 14,132 41,422 59,764 251 N/A
2005-06 9,305 13,245 37,844 56,306 230 N/A
2006-07 8,496 12,346 33,779 52,298 221 N/A
2007-08 8,212 11,000 33,183 49,966 203 N/A
2008-09 7,871 9,688 35,356 51,570 213 N/A
2009-10 8,213 9,708 42,006 58,066 200 N/A
2010-11 8,823 11,038 47,503 60,593 211 N/A
2011-12 9,410 11,510 49,882 62,087 200 N/A
2012-13 9,858 11,469 49,114 60,158 170 N/A
2013-14 9,829 11,202 49,309 59,058 154 N/A

8.2 Value of Full-Time Loans by Jurisdiction Since 1964 ($ million)

Loan year Canada Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick Ontario
1964-65 26.7 0.5 0.3 1.8 1.4 14.4
1965-66 34.6 0.9 0.4 2.9 2.3 14.6
1966-67 40.5 0.8 0.6 3.3 3.0 14.4
1967-68 57.3 1.1 0.7 4.3 4.2 23.6
1968-69 63.9 1.5 0.8 5.1 4.8 26.6
1969-70 78.1 3.1 0.9 7.0 5.4 31.8
1970-71 86.1 4.9 1.4 7.9 6.5 32.3
1971-72 87.5 5.5 1.6 8.8 6.7 33.5
1972-73 102.3 6.7 2.1 10.2 7.5 45.1
1973-74 108.7 5.2 1.9 10.8 6.9 50.8
1974-75 121.0 4.4 1.8 11.8 7.3 60.1
1975-76 148.3 4.3 2.0 13.1 8.9 74.4
1976-77 160.9 4.8 2.1 12.6 7.9 80.4
1977-78 134.6 4.4 1.7 10.9 8.0 57.7
1978-79 147.9 4.8 1.7 10.7 8.2 70.2
1979-80 142.7 4.9 1.6 11.1 8.5 65.9
1980-81 162.1 5.9 1.8 11.6 9.0 80.2
1981-82 199.9 7.0 2.3 13.7 10.1 99.8
1982-83 280.3 10.8 2.8 18.6 15.3 144.3
1983-84 454.9 13.7 4.1 30.4 21.8 224.9
1984-85 526.7 22.3 4.6 34.4 24.2 247.1
1985-86 576.9 29.8 5.1 35.8 31.2 239.8
1986-87 621.0 35.9 5.7 39.9 33.2 231.2
1987-88 612.0 33.9 5.8 39.5 34.4 200.0
1988-89 551.0 31.1 5.3 39.3 32.9 183.0
1989-90 599.2 32.1 6.9 40.9 35.8 201.5
1990-91 665.8 36.4 6.1 43.6 39.2 238.1
1991-92 797.2 34.2 6.1 44.9 41.7 351.2
1992-93 846.6 35.9 6.4 42.9 42.4 395.7
1993-94 986.7 38.0 6.1 42.7 44.1 511.7
1994-95 1,214.6 54.1 7.5 51.2 33.0 681.9
1995-96 1,340.0 74.1 8.4 51.1 29.3 741.6
1996-97 1,583.9 91.5 13.4 62.8 82.5 880.8
1997-98 1,567.8 86.1 11.4 62.8 79.7 856.0
1998-99 1,557.2 88.8 11.9 94.7 67.6 817.3
1999-2000 1,549.6 70.0 10.1 90.2 61.9 780.9
2000-01 1,564.7 69.5 13.5 90.7 77.6 704.5
2001-02 1,507.4 61.3 16.1 92.9 77.7 643.7
2002-03 1,544.7 56.2 17.0 92.5 77.9 664.6
2003-04 1,643.0 52.0 17.9 92.6 82.5 734.5
2004-05 1,628.8 46.5 17.3 88.8 80.0 768.9
2005-06 1,935.0 49.3 21.2 107.1 88.8 971.2
2006-07 1,927.1 45.7 22.6 102.6 91.4 1,034.9
2007-08 2,012.5 43.9 24.6 102.1 88.2 1,146.0
2008-09 2,077.8 39.7 21.7 101.7 83.2 1,210.0
2009-10 2,083.2 33.3 21.0 97.5 74.3 1,208.8
2010-11 2,218.9 31.1 21.2 98.5 73.2 1,285.0
2011-12 2,400.7 29.9 21.1 106.1 74.1 1,420.0
2012-13 2,566.4 29.9 21.3 110.5 71.7 1,603.9
2013-14 2,700.7 29.0 20.3 116.7 70.4 1,735.3
Total 46,045.6 1,506.7 430.2 2,423.7 1,977.9 23,934.1

8.2 Value of Full-Time Loans by Jurisdiction Since 1964 ($ million) (continued)

Loan year Manitoba Saskatchewan Alberta British Columbia Yukon Northwest Territories
1964-65 1.4 1.9 2.1 3.1 0.01 0.01
1965-66 2.2 3.4 3.1 4.8 0.02 0.01
1966-67 2.8 4.5 4.4 6.6 0.02 0.01
1967-68 3.2 5.8 6.3 8.0 0.01 0.01
1968-69 3.4 6.4 8.1 7.3 0.02 0.01
1969-70 4.3 8.4 10.5 6.6 0.02 0.01
1970-71 3.4 8.5 14.3 6.8 0.02 0.01
1971-72 4.1 7.3 13.8 6.1 0.03 0.01
1972-73 3.7 6.8 14.9 5.3 0.02 0.03
1973-74 4.5 6.1 15.2 7.2 0.03 0.04
1974-75 5.5 5.4 14.9 9.7 0.04 0.06
1975-76 6.3 5.4 18.1 15.7 0.11 0.12
1976-77 10.0 5.2 18.6 19.2 0.12 0.07
1977-78 8.0 7.2 17.6 19.0 0.14 0.10
1978-79 6.9 7.6 18.0 19.6 0.13 0.09
1979-80 6.5 6.5 17.7 19.8 0.15 0.08
1980-81 6.7 7.0 19.8 19.9 0.14 0.09
1981-82 9.9 7.7 25.4 23.6 0.20 0.08
1982-83 13.6 10.5 30.3 34.1 0.20 0.02
1983-84 25.0 18.0 67.9 48.7 0.37 0.02
1984-85 30.8 18.4 95.5 48.9 0.48 0.02
1985-86 35.6 24.6 114.5 60.0 0.54 0.04
1986-87 37.6 39.6 126.1 71.1 0.55 0.04
1987-88 40.4 47.3 120.6 89.6 0.56 0.04
1988-89 39.3 47.0 108.4 64.0 0.65 N/A
1989-90 36.0 48.9 112.0 84.6 0.52 N/A
1990-91 38.8 48.6 114.1 100.1 0.83 N/A
1991-92 38.8 52.3 112.2 114.9 0.93 N/A
1992-93 35.3 56.3 117.9 113.1 0.78 N/A
1993-94 35.5 50.7 127.1 129.5 1.10 N/A
1994-95 35.5 56.3 117.2 176.9 0.90 N/A
1995-96 35.7 54.9 140.7 202.9 1.20 N/A
1996-97 30.6 56.1 147.6 217.5 1.20 N/A
1997-98 37.1 57.5 133.3 243.0 1.00 N/A
1998-99 38.2 67.3 146.9 223.4 1.02 N/A
1999-2000 44.3 72.8 170.5 247.7 1.11 N/A
2000-01 46.9 78.2 184.2 298.6 1.20 N/A
2001-02 44.5 79.0 181.3 309.5 1.28 N/A
2002-03 43.4 74.5 187.3 330.0 1.27 N/A
2003-04 44.1 76.0 200.1 342.0 1.28 N/A
2004-05 41.5 71.3 198.9 314.4 1.24 N/A
2005-06 48.7 80.8 215.0 351.5 1.41 N/A
2006-07 44.3 74.0 189.4 320.9 1.35 N/A
2007-08 43.1 66.0 190.5 306.9 1.19 N/A
2008-09 41.3 58.8 204.8 315.3 1.33 N/A
2009-10 36.4 56.1 216.5 338.3 1.07 N/A
2010-11 40.3 65.1 252.3 351.0 1.14 N/A
2011-12 44.6 66.2 275.8 361.9 1.13 N/A
2012-13 47.8 66.6 269.3 344.5 0.95 N/A
2013-14 47.3 66.1 274.1 340.5 0.89 N/A
Total 1,335.0 1,916.9 5,384.8 7,103.2 31.9 1.01

8.3 Number and Value of Part-Time Loans Since 1987 ($ million)

Loan year Number of borrowers Value of loans ($ million)
1987-88 620 0.9
1988-89 320 0.5
1989-90 730 1.2
1990-91 803 1.4
1991-92 757 1.3
1992-93 1,280 2.6
1993-94 1,414 3.0
1994-95 2,112 5.9
1995-96 1,887 5.4
1996-97 1,859 5.4
1997-98 3,205 7.7
1998-99 3,128 7.8
1999-2000 1,302 3.5
2000-01 2,980 5.5
2001-02 2,867 4.9
2002-03 2,772 4.6
2003-04 2,779 4.7
2004-05 2,572 4.6
2005-06 2,127 3.8
2006-07 1,863 3.5
2007-08 1,436 2.8
2008-09 1,425 2.9
2009-10 2,698 4.6
2010-11 3,974 7.0
2011-12 6,470 11.2
2012-13 9,601 16.6
2013-14 11,254 19.9
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