SOURCE: University of Calgary

University of Calgary

June 18, 2015 17:54 ET

University appreciates Government of Alberta commitment to post-secondary education

Minister calls for comprehensive review of funding model

CALGARY, AB--(Marketwired - June 18, 2015) - Lori Sigurdson, Minister of Innovation and Advanced Education, today announced the government's plans for post-secondary education funding, tuition, and market modifiers, as well as a review of the funding model for Campus Alberta.

The government will restore funding to Campus Alberta post-secondary institutions that was cut in the previous provincial budget, and provide additional base funding for the next two years. Tuition will be frozen at 2014 levels for two years, and previously approved market modifier increases will be rolled back, with some government funding provided to offset these revenue sources. The government also announced it will undertake a comprehensive review of the post-secondary funding model, with participation from all member institutions of Campus Alberta.

"We appreciate the importance the Government of Alberta places on post-secondary education, as demonstrated by the Minister's commitment to provide the funding announced today," said President Elizabeth Cannon. "We respect the government's decision to freeze tuition and rollback market modifiers. Long term, stable and predictable funding remains a paramount concern, and we look forward to working with the government on this."

Highlights of the announcement include:

  • The 1.4 per cent Campus Alberta base operating reduction in the previous government's budget will be restored.
  • Post-secondary institutions will receive a two per cent base operating increase in each of the next two years.
  • The full amount of targeted enrolment base operating funding, announced in 2014-15 but subsequently rolled back in the 2015 budget of the previous government, will be restored.
  • Immediate tuition freeze for the next two years at 2014-15 levels -- institutions will receive offset one-time funding for this year only.
  • Immediate rollback of market modifiers that were approved by the previous government -- base operating funding will be provided to offset this at the full cost of the market modifiers.
  • Full review of the funding formula for post-secondary education in Alberta.

University administration will work closely with the government to understand the full budgetary impact of today's announcement on the University of Calgary. The university community will be kept informed as details are confirmed.

About the University of Calgary
The University of Calgary is a leading Canadian university located in the nation's most enterprising city. The university has a clear strategic direction to become one of Canada's top five research universities by 2016, where research and innovative teaching go hand in hand, and where we fully engage the communities we both serve and lead. This strategy is called Eyes High, inspired by the university's Gaelic motto, which translates as 'I will lift up my eyes.'

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Contact Information

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