What will it Cost?

In a full year the Cottier proposal will cost $9,755,000. This is costed on the basis of 1978 statistics. $7,631,694 of this cost will be for university students. $2,123, 306 will go to technical institute students. No estimate is made of the cost for teachers college students; a minimal number receive the STB.

There will be no extra cost for staff to ad minster the new policy.

Cottier is silent about the way the new policy will be paid for. There is nothing confirming or denying rumours that the new $39 bursary will be paid to all tertiary students, (i.e. that Student Teachers will receive the STB rather than their present bonded allowances - Ed)