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The Board of Governors has approved the University of Regina’s 2020-21 budget built on a 0% tuition increase

News Release Release Date: May 6, 2020 12:00 p.m.

The University of Regina’s 26th consecutive balanced operating budget – which includes no increase to tuition – was approved by the Board of Governors on May 5, 2020. The total operating budget for the University in 2020-21 is approximately $238 million. 

“As the world contends with the economic and social repercussions of a global pandemic, the University of Regina’s 26th consecutive balanced operating budget is focused on providing stability and support for our students, faculty and staff," said Roger Brandvold, Chair of the University’s Board of Governors. “The Board appreciates the tremendous work of the University’s executive and leadership in developing a plan to continue delivering a robust learning experience for students while maintaining our connections with our communities during these unprecedented times." 

Recognizing the significant economic pressures students and their families are under at this time, there will be a 0% increase to tuition and fees for 2020-21; they remain at 2019-20 levels. The University was able to do this in part due to the Government of Saskatchewan’s strategic support for post-secondary education that provided the University with an increase of $1,070,000 this year. In addition, the University saw higher than anticipated revenue from increased enrolments last year that will allow the institution to balance the budget for 2020-21 without a tuition increase. 

The University of Regina has seen 11 consecutive years of enrolment growth. While enrolment for the coming year is similar to last year’s at this time, the current environment requires a conservative estimate regarding tuition and fee revenues for the coming year. 

As a result, the Board approved a 2020-21 budget projecting enrolments at 2019-20 levels. However, if there are declines in enrolment or revenue, the University will manage them with savings in operating costs. Should such revenue and expense changes occur, they are predicted to be temporary, and to return to pre-pandemic levels either next year or the year following. 

Key Facts:

  • Total operating budget for the University in 2020-21 is approximately $238 million.
  • Tuition and fees remain at 2019-20 levels.
  • Tuition rates for graduate students are among the lowest in the country.
  • The University ranks second nationally among comprehensive universities in student financial support as a percentage of tuition.
  • University of Regina graduates experience the best employment outcomes of all post-secondary graduates in Saskatchewan.

                                                                          

About The University of Regina

The University of Regina—with campuses located on Treaty 4 and Treaty 6 territories, the ancestral lands of the Cree, Saulteaux, Dakota, Lakota and Nakoda nations and the homeland of the Métis—is a comprehensive, mid-sized university that traces its roots back to the creation of Regina College in 1911. Today, more than 16,500 students study within the University's 10 faculties, 25 academic departments/schools, 18 research centres and institutes, and three federated colleges (Campion College, First Nations University of Canada, and Luther College). The University of Regina has an established reputation for excellence and innovative programs that lead to undergraduate, master, and doctoral degrees.

 

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