U of R to hike tuition and fees 4% in latest $283M budget
The University of Regina (U of R) is reporting its first balanced budget in years – with the promise to reinvest in student supports as the institution puts its pandemic related fiscal challenges in the rear view mirror.
The $283.1M budget comes after three straight years of budget deficits and marks an increase of nearly $30 million from last year.
In 2024-25, students can expect a four per cent tuition and fee hike, the same rate as 2023-24.
The university noted that inflationary pressures require fees to increase year over year.
“This budget puts the University on solid financial footing over the next year as we look forward to celebrating our 50th anniversary,” President and Vice Chancellor Jeff Keshen said in a news release.
“The University takes any increase to tuition very seriously and works hard to find the right balance in developing our budget so that we can provide a high-quality post-secondary education and experience to our students while remaining affordable,” he added.
The university says the budget will create new faculty positions across a “wide array” of programs while promising “significant” investments in areas that directly support researchers and grad students.
The latest budget marks the final year of the U of R’s four year agreement with the Government of Saskatchewan.
The U of R did receive $2.4 million in one-time funding as part of the provincial budget.
Discussions concerning a new multi-year funding agreement are currently underway, according to the university.
CTVNews.ca Top Stories
Iran President Ebrahim Raisi found dead at helicopter crash site, state media says
Iranian president, the country’s foreign minister and others have been found dead at the site of a helicopter crash Monday after a search through a foggy, mountainous region of the country’s northwest.
Court eases internet restrictions for Sask. man who matched with a 15-year-old girl on Tinder
A Saskatchewan man who had a sexual encounter with a 15-year-old girl he met on Tinder successfully appealed to shorten release conditions barring him from online dating.
Stittsville residents seeking answers as bylaw cracks down on street basketball nets
Stittsville residents on Kearnsley Way are seeking answers after an unusual bylaw crackdown on Friday. Every home with a basketball net received a ticket instructing homeowners to remove their nets from the road.
'A horrible way to start the summer': 3 killed in serious boat crash on lake north of Kingston, Ont.
Three people were killed and five others were injured Saturday night following a boat crash on the Buck Bay area of Bobs Lake, north of Kingston, Ont., the Ontario Provincial Police (OPP) said.
What do we know so far about the mysterious crash of the helicopter carrying Iran's president?
The apparent crash of a helicopter carrying Iran's president and foreign minister on Sunday sent shock waves around the region.
Ex-partner charged with first-degree murder after 55-year-old woman killed in Montreal
Less than 24 hours after Montreal's 12th homicide investigation began, Montreal police confirmed that a 55-year-old woman's death in St. Michel is the island's 13th homicide. The woman's ex-spouse has been charged with first-degree murder.
Walmart, Costco refusing to sign grocery code of conduct 'untenable': industry minister
Industry Minister Francois-Philippe Champagne says it's 'untenable' for 'smaller players' like Walmart and Costco to delay signing on to the government- and industry-led grocery code of conduct, now that industry giant Loblaw has agreed to do so.
VIDEO Born without front legs, this dog has been inspiring the world for 3 years: Dresden farm owner
A sanctuary dedicated to animals with disabilities is celebrating the third birthday of one of its most popular residents.
Toxic drugs circulating in northeastern Ont., police say
Canada’s largest First Nations police service, the Nishnawbe Aski Police Service issued a community safety alert as extremely toxic drugs are likely circulating in many of the communities it serves.