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University of Regina’s 25th consecutive balanced operating budget approved by the Board of Governors

News Release Release Date: May 7, 2019 2:15 p.m.

The University of Regina’s 2019-20 budget was approved by the Board of Governors on May 7, 2019 marking a quarter century of balanced annual operating budgets. The total operating budget for the University in 2019-20 is approximately $230 million.

“The University of Regina is marking its 25th consecutive year of presenting a balanced operating budget which is a testament to the University's record of responsible, financial stewardship," says Chair of the University’s Board of Governors, Cathy Warner. “As a board, we are proud of the University's ability to deliver on its priorities of student success, research with impact, and commitment to its communities while continuing to operate within its means."

To address the University’s most pressing needs, the 2019-20 operating budget includes funding for additional faculty and academic support positions in areas of enrolment growth, a number of key new initiatives to support teaching, positions in service areas, and adjustments to offset unavoidable and inflationary cost increases.

Investments to support students and address pressures in growth areas include:

  • Four faculty positions added in the Faculties of Nursing (Indigenous Nursing), Science (Chemistry and Biochemistry), Engineering and Applied Science (lab instructor), and Continuing Education (English as a Second Language);
  • Authorization of additional tenure-stream recruitments (two) in Arts (English and Anthropology);
  • Funding academic support positions in the Faculties of Engineering and Applied Science Graduate Studies and Research, Science, and Social Work;
  • An increase to the Faculty of Kinesiology and Health Studies of $76,050 for lab instruction support, much of which will be used to employ graduate students;
  • Funding for the start-up of the renewed Centre for Teaching and Learning ($267,510), the Central Testing Centre ($154,860), and a central Transfer Credit Unit ($138,060), all of which will support student success, retention and recruitment;
  • Teaching equipment provisions of $200,000 each for the Faculty of Science and the Faculty of Engineering and Applied Science; and,
  • Funding for development of a University Mental Health Strategy.
The Board of Governors recognizes the need to ensure the University remains competitive and tuition remains affordable. The Board approved a 2.8 per cent increase to most tuition rates and fees for 2019-20, ensuring tuition remains below the national average.

In comparing total tuition and fees for domestic full-time undergraduate Arts students at 59 English-language Canadian Universities in 2018-19, only 20 have a total tuition and fees package that is less than the University of Regina. The University of Regina also ranks very high among Canadian comprehensive universities in total scholarship funding (from all sources) provided to its students as a percentage of tuition and student fee revenue (31 per cent).

In 2018, the University of Regina officially opened its renewed College Avenue Campus following an extensive revitalization of the heritage buildings. Today, the Centre for Continuing Education (CCE) which operates at College Avenue Campus, contributes nearly $17 million to the University’s operating budget, an increase of $4.3 million over the 2018-19 budgeted amount. The CCE contribution is a vital source of revenue to the University supporting staffing and programming in faculties and units across campus.

Key Facts:
  • Total operating budget for the University in 2018-19 is approximately $230 million.
  • New faculty positions are being added to meet demand in areas of high enrolment growth.
  • Tuition remains below the national average.
  • 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 15,000 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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