Toronto - There's a whole lot of nail-biting going on across the country.

Cegep graduates in Quebec, high school graduates in the rest of Canada, and their parents are nervously awaiting the coveted acceptance letters to their chosen colleges or universities.

Offers are sent out over several months, although the two major waves are in February and April.

As if the students aren't nervous enough, the "cut-off marks" referring to the lowest mark a university will accept from an incoming student can be a moving target.

Montreal's McGill University, for example, has been gradually lowering its cut-off marks every two weeks this spring.

Cindy Hazell, vice-president at Toronto's Seneca College, notes cut-off marks are not necessarily determined by ability to pass the program.

She says they are set according to the number of physical spaces in the school, specialized equipment such as labs and number of faculty available.

Hazell says much of that is determined by the amount of government funding supplied to each post-secondary institution.