Infographic featuring the Top 20 Post-Secondary Institutions chosen by Heritage beneficiaries (students) in 2013 and the Inflation of Costs of Education in Canada.

ТОР20 UNIVERSITIES & COLLEGES ATTENDED BY HERITAGE BENEFICIARIES IN 2013 INTRODUCTION Heritage Education Funds Inc. (Heritage) is pleased to announce the top twenty post-secondary institutions chosen by our beneficiaries (students) in 2013. Heritage has been helping families for almost fifty years, providing easy and flexible ways to save for their children's post-secondary education. This is reflected in about fifteen-thousand students who applied to universities and colleges across the country. TOP TWENTY UNIVERSITY OF TORONTO 1 12% Ranked as one of the TOP 20 universities of the world, according to the 2013 Times Higher Education World University report. TORONTO VARSITY BLUES YORK 2 UNIVERSITY 10% Canada's 3rd largest university and one of the leading YORK interdisciplinary teaching and LIONS research universities in the country.? THE UNIVERSITY OF BRITISH COLUMBIA 9% 8,440 international students from 149 countries attended UBC UBC in 2012-13. $10 billion in economic impact. 57,706 students to date. EAGLES RYERSON UNIVERSITY 4 7% 95% of Ryerson graduates report employment 2 years after graduation. Offering more than 100 undergraduate, master's & PhD programs." RYERSON RAMS SIMON FRASER UNIVERSITY 6% Canada's leading comprehensive university with vibrant campuses in British Columbia's largest SFU municipalities. 6th UNIVERSITY OF WATERLOO | ON 5.75% 7th UNIVERSITY OF ALBERTA | AB 5.63% 8th MC MASTER UNIVERSITY I ON 5.24% 9th UNIVERSITY OF OTTAWA | ON 4.39% 10th UNIVERSITY OF WESTERN ONTARIO | ON 3.98% 11th UNIVERSITY OF CALGARY | AB 3.93% 12th MEMORIAL UNIVERSITY OF NEWFOUNDLAND | NF 3.81% 13th UNIVERSITY OF GUELPH | ON 3.40% 14th WILFRID LAURIER UNIVERSITY | ON 3.19% 15th UNIVERSITY OF MANITOBA | MB 3.12% 16th MCGILL UNIVERSITY | PQ 2.91% 17th HUMBER COLLEGE | ON 2.76% 18th QUEEN'S UNIVERSITY | ON 2.63% 19th KWANTLEN POLYTECHNIC UNIVERSITY I BC 2.58% 20th BROCK UNIVERSITY | ON 2.38% COST OF EDUCATION ON THE RISE The cost of a university education in Canada has risen dramatically since the late 90s. Has everything else risen to the same EXTREME? EDUCATION COSTS INFLATION IN CANADA (1990-2013)6 TUITION FEES MINIMUM WAGE COST OF GROCERIES COST OF RENT have gone up has gone up has gone up has gone up 352% 98% 61% 41% Newfoundland and Labrador remains The average cost of tuition and the province with the lowest compulsory fees of $2,872 this fall, rising to an estimated $2,886 in 2016-17.6 compulsory fees for Canadian undergraduate students will rise by almost 13% over the next four years, from $6,610 this fall to an estimated Ontario is the province with the highest fees and will see its tuition and other fees climb from $8,403 this fall to an estimated $9,517 in 2016-17.6 $7,437 in 2016-17.6 TUTITION AND COMPULSORY FEES FOR FULL-TIME UNDERGRADS ($CURRENTY Canada NL PEI NS NB PQ ON MB SK АВ BC 1990-91 $1,464 $1,344 $1,874 $1,941 $1,925 $904 $1,680 $1,512 $1,545 $1,286 $1,808 2012-13 $6,348 $2,867 $6,033 $6,576 $6,376 $3,505 $8,062 $4,175 $6,483 $6,794 $5,589 2013-14e $6,610 $2,872 $6,326 $6,812 $6,553 $3,656 $8,403 $4,243 $6,796 $7,093 $5,719 2016-17e $7,437 $2,886 $7,293 $7,574 $7,094 $4,086 $9,517 $4,441 $7,912 $8,077 $6,129 GET STARTED START EARLY. SAVE OFTEN. STAY INVESTED." Opening an RESP early on in a child's life plays a big role on ensuring that you will have enough saved for your child's future education - especially with education COSTS ON THE RISE. Don't let these costs get in the way of YOUR CHILD'S EDUCATION. Take the first step today, visit HeritageRESP.com to find a representative in your area! WE SPEAK YOUR LANGUAGE Heritage has representatives available across Canada, that speak your language, to better serve YOU in; English, French, Cantonese, Mandarin, Korean, Vietnamese, Tagalog, Hebrew, Italian, Portuguese, Spanish, Punjabi, Tamil, Urdu, Hindi and more. JOIN THE CONVERSATION... in #HEFI20 HeritageFunds aHeritageFunds Heritage Education Funds IERITAGE" Education Funds SOURCES: 1. http://www.utoronto.ca/about-uoft/quickfacts.htm 2. http://www.yorku.calresearch/aboutfacts.html 3. http://news.ubc.camedia-resourceslubc-facts-and-figures/ 4. http://www.ryerson.ca/news/media/quickfacts/ 5. http:/www.sfu.ca/lvpresearch/performanceifacts.html 6. Policy Altematives of Canada, Degrees of Uncertainty: Navigating the changing temrain of university finance. http:/policyalternatives.ca 7. Statistics Canada TLAC and author's calculations. Heritage Education Funds Inc., and Heritage Educational Foundation - http://heritageresp.com Heritage Plans are scholarship pkans issuod under the sponsorship of Heritaga Educational Foundation. Units of the Haritage Plans are offered by prospectus only, a copy of which can be obtainad from the registered dealer Hertage Education Funds Inc. at HeritageRESP.com. These securities may not be appropriate for al investors and are subject to certain risk factors. See the prospectus for detals. Heritage Education Funds (Heritage) is the trade name of Heritage Education Funds Inc. The Heritage logo is a trademark" of Heritage Education Funds Inc. Head office: 2005 Sheppard Ave. E., Suite 700, Toronta, ON M21 5B4. Phone: 416758.4400. Tolfree: 1.888438.3403. D2013 Heritage Education Funds Inc.