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This report analyzes the impact of tuition increases on the affordability and accessibility of higher education at the University of Victoria, particularly in relation to socio-economic diversity and student financial strategies. It assesses application and registration trends, conducts student surveys on funding sources and financial coping strategies, and examines debt repayment rates among graduates.
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A study on affordability is an analysis conducted to evaluate whether individuals or families can obtain essential services or products without suffering financial hardship.
Entities or organizations that provide services or products subject to affordability assessments, typically in the healthcare, housing, or education sectors, are required to file a study on affordability.
To fill out a study on affordability, organizations need to gather relevant financial data, assess the costs of services or products, and provide a comprehensive report detailing affordability metrics and findings.
The purpose of a study on affordability is to understand the economic accessibility of necessary services or products, to identify barriers to access, and to inform policy or operational changes for improvement.
Reported information typically includes income levels of affected individuals, cost of services or products, percentage of income spent, and any financial assistance offered or needed.
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tuition increases higher education accessibility socio-economic status student financial aid UVic application trends debt repayment affordability study undergraduate tuition student survey family income

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