Budget 2013

Enterprise and Advanced Education’s operating budget for 2013-14 is nearly $2.7 billion.

Post-secondary institutions	2 billion (operating)
Post-secondary institutions	68 million (capital)
Student Aid	211 million
Student Aid	425 million (student loans - not included in budget total)
Apprenticeship Delivery	41 million
Innovation and Technology Comercialization	52 million
Alberta Innovates	132 million
Economic Competitiveness	19 million
Workforce Strategies	48 million
Ministry Support Services	39 million

Alberta’s publicly funded post-secondary institutions will receive $2 billion in base operating grants in 2013-14. One of the highest rates of per capita funding in Canada.
Operating grants to Alberta’s publicly funded post-secondary institutions have increased by 45.9% over the past ten years or 4.6% per year on average.

$183 million in scholarships, grants, and debt management tools.
$11 million for Alberta Centennial Education Savings Plan grants as the program is phased out.
$425 million in student loans will be available to approximately 58,000 students in 2013-14.

There is $52 million budgeted in 2013-14 for innovation and technology commercialization aimed at enhancing Alberta’s global competitiveness.
To strengthen the relationship between research and practice, responsibility for Alberta Innovates – Health Solutions will move from the jurisdiction of the Minister of Enterprise and Advanced Education to the Minister of Health.
Operating support for the remaining three agencies under the umbrella of Alberta Innovates is $132 million in 2013-14.