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Is it true that if the repayment rate at a particular educational institution does not improve within three years, the institution will automatically be de-designated?

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Is it true that if the repayment rate at a particular educational institution does not improve within three years, the institution will automatically be de-designated?

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The purpose of institution repayment rates is to establish risk zones and improvement targets, not as an automatic de-designation trigger. The rates are intended to be a trigger for provinces and institutions to work together to improve institutions’ performance. If an institution in the red zone fails to meet its three year target, it does not trigger an automatic response of de-designation, as provinces may determine that significant improvement has occurred in other areas and a re-consideration of de-designation will be considered on a case-by-case basis.

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