OC students with highest student debt!

Here are the “30 drops” out of the bucket – winners of our contest.  We received 146 valid contest entries.  The highest level of debt was $89,321, and the cut-off threshold was $42,652.  The total debt from all contest entries adds up to $4,475, 132.  OCFA congratulates all the students on the substantial investment they have made in their futures!

The list of contest winners was posted until Oct 27, 2016.  It has now been removed to honor privacy of these people.  Thank you for your participation.

March 1 Announcement – The Contest Winners!

The applications have been reviewed and we are in the process of contacting the winners.  Some people still need to supply the exact loan document to satisfy our financial auditors.  But here is the news you really want … the highest level of student debt was $89,321 and the threshold/cutoff was in the vicinity of $43,000.  Those who still owe student debt above $43,000 have a very good chance of being a winner of the contest.  We hope to announce the final winners by March 11.  Stay tuned for the next announcement:    And The Winners are …. !

Contest sponsored by our faculty union

The Okanagan College Faculty Association (OCFA) is sponsoring this contest through union dues paid by 302 members, in collaboration with  our provincial affiliate the Federation of Post Secondary Educators (FPSE).

Our union wishes to bring attention to the REAL WORLD EFFECTS OF THE BC LIBERALS CONTINUAL REDUCTION OF FUNDING TO OUR INSTITUTION AND OUR SECTOR, ONE OF WHICH IS THE RISING level of student debt PLACED ON STUDENTS in the Okanagan/Shuswap region.

For more details download press release:

Feb 17: Highest debt level so far is $63,000 … still 9 days to apply.

PDF: Press Release 2_OCFAContest – 30 DropsOutOfTheBucket

Word Doc: Press Release 2_OCFAContest – 30 DropsOutOfTheBucket

 

pdf: Press Release_OCFAContest – 30 DropsOutOfTheBucket_final

Word: Press Release_OCFAContest – 30 DropsOutOfTheBucket_final


 

All current and former students (from any department) at Okanagan College are eligible to enter the contest, as long as they have completed at least one course since Sept. 1, 2005.  The possible departments include:

  • Adult Basic Education
  • Business Administration
  • Continuing Studies
  • Employment oriented programs: aviation, health, social, etc.
  • Technology
  • Trades
  • University transfer: Arts and Science

Please download the application and submit with the supporting documents.  

OCFA Contest application-30 DropsOutOfTheBucket_final

All applications must be received by mail, before noon Friday, Feb 26, 2016.  Don’t delay!  Apply now!

The 30 students with the highest level of  debt will each receive $1000 … thus 30 drops will be taken out of the ‘bucket of student debt’ that currently exists in our province.

The winners will be announced by March 1, 2016, and a spreadsheet will be published that gives a debt total for all who entered the contest (see application form for the details about the information to be published online).

FPSE_logo

Our provincial affiliate, FPSE, has been trying to ‘open the doors’ to discuss funding for the post-secondary sector.  Want to know more? … check out this link: advocacy for the post secondary sector in BC

Here is the student debt issue we want to discuss with the government…

OpenTheDoors_StudentDebt