Sunday, June 24, 2007

UNBC increases tuition for next fall


Students heading back to UNBC's campuses across the North next fall will have to dig a little deeper into their pockets.

Opinion 250 has a story on tuition increases of 2% next fall at the Prince George based University for the Northern half of British Columbia.

No word on whether prices also will increase at the University Cafeteria come this September.

UNBC Tuition to Go Up
By
250 News
Saturday, June 23, 2007 01:46 PM

Tuition for UNBC will be a little more this fall.
The University of Northern British Columbia’s Board of Governors has approved boosting tuition by 2%.

That was part of the approval of the $57.5 million operating budget for the 2007-08 fiscal year, which officially began in April. The budget is balanced, and includes achievement of cost-saving goals for the fiscal year, and the allocation of funds to support strategic opportunities for the University.

“Budget planning has consumed much of the Board’s attention for the past several months and we’re impressed with how everyone at the University has responded to the challenge,” says Board Chair Donald Rix.

“We’ve all been guided by simple objectives: minimize disruptions to students and make UNBC better tomorrow than it is today. The Board is confident that this has been achieved.”

In 2007/08, UNBC is starting a three-year comprehensive budget process to strengthen the sustainability of the University into the future.

Through restructuring and identifying internal efficiencies, the University has realized a cost saving of $3.4 million for 2007-08. $2 million of these savings are being allocated to the base operating budget to bring revenues and expenditures into alignment. The remaining $1.4 million is being used to create a strategic investment fund, which is being used to support the priorities identified in the University’s strategic plan.

These priorities include strengthening external relations, enrolment growth, implementing the academic vision, expanding research connections with communities and industries, regional programming, and athletics and wellness.

The change means tuition for a Bachelor Education year of study will go from $4,776.04 to $ 4,881.76

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