The University of Regina has approved a balanced budget for the 24th consecutive year.
With that, there is a tuition hike though as the Board of Governors have approved a 2.8 per cent increase to most tuition rates and fees.
Although the board is mindful of the impact a hike will have on students, the University says tuition remains below the national average, and they rank second nationally among comprehensive universities in the level of student financial support – scholarships, awards, and bursaries – available as a percentage of tuition.
With more than 15,000 students registered for classes this year, the University saw a 2.9 per cent growth in enrolment over last year with additional growth in the coming academic year.
In 2018-19, the University says it will continue to strengthen its academic programming and invest in priority areas such as additional faculty members and support staff in areas of significant enrolment growth.
The operating budget includes investments to support students, such as:
* New faculty positions in Social Work, Engineering and Applied Science, Kinesiology and Health Studies, English as a Second Language, and the Department of Computer Science;
* Support of the newly-created Master of Health Information Management program;
* Expanded counselling services for students;
* Funded academic support positions in the Faculties of Arts and Engineering and Applied Science;
* Increased budget for student scholarships (up $275,000 in 2018-19); and,
* A two per cent increase in budget for Library acquisitions.
Board of Governors Chair Cathy Warner says in a release ““The University of Regina has long demonstrated a strong commitment to financial stability. Serving the needs of our students and strengthening our commitment to teaching, research and community are at the forefront of this budget. I’m proud of the work the University has done to identify efficiencies and seek innovative solutions to generate revenue, and, of course, this good work will continue.”