Registed Nurses' Association of Ontario

Education Funding

Grant calculation examples

The following examples assume that the funds availability factor has been set to 75 per cent due to the funds available in comparison to the volume of applications received.

Example 1

An applicant submits a grant application with appropriate supporting documents for a $700 grant. The applicant has received a grant smaller than $1,500 in the previous year.

The application receives a score of 80 according to the MOH’s criteria based on employment setting, clinical area of practice, employment status, type of professional development, and type of education provider.

The application receives a previous year funding adjustment of 0 because the applicant has received grants in the previous year totalling less than $1,500.

The application receives a funds availability factor of 75 due to the fact that funds are available for only 75 per cent of the value of the applications received.

The grant is calculated as follows: $700 x (80% + 0%) x 75% = $420

Example 2

An applicant submits a grant application with appropriate supporting documents for a $700 grant. The applicant has received a $1,500 grant in the previous year.

The application receives a score of 80 according to the MOH’s criteria based on employment setting, clinical area of practice, employment status, type of professional development, and type of education provider.

The application receives a previous year funding adjustment of -10 because the applicant has received a $1,500 grant in the previous year.

The application receives a funds availability factor of 75 due to the fact that funds are available for only 75 per cent of the value of the applications received.

The grant is calculated as follows: $700 x (80% - 10%) x 75% = $367.50

Example 3

An applicant submits a grant application with appropriate supporting documents for a $700 grant. The applicant has not received any grants in the previous year.

The application receives a score of 80 according to the MOH’s criteria based on employment setting, clinical area of practice, employment status, type of professional development, and type of education provider.

The application receives a previous year funding adjustment of 10 because the applicant has not received a grant in the previous year.

The application receives a funds availability factor of 75 due to the fact that funds are available for only 75 per cent of the value of the applications received.

The grant is calculated as follows: $700 x (80% + 10%) x 75% = $472.50

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