UNBC Confident Enrolment Will be Up
By 250 News
Dr. Howard Brunt says there are challenges but UNBC is confident it will see a 1 -2% increase in enrolment this fall. He delivered that information to the University’s Board of Governors this afternoon.
On the budget side, the President of UNBC says the University has made significant progress in developing a balanced budget for 2007 -08 but there is still a shortfall of just under $300 thousand dollars.
The University has already trimmed that budget by nearly $1.6 million but the projected shortfall was $1.85 milion. President Dr. Don Cozzetto says with a full year to go, he is confident they will be able to find the $272 thousand dollars needed to balance the budget by April 1st of 2008.
The cost savings included cuts to faculty. Eleven faculty have been offered buy out packages, but they have until mid May to decide if they will accept those packages.
"The budget challenges are not unique to UNBC" says Cozzetto "The 2% freeze on tuition increases has been felt by all of the educational institutions in B.C."
The final shortfall ( if any) will be covered by the University’s "reserve" fund.
The Board of Governors has stated full support for the reorganization and budget planning developed by UNBC’s Admnistration. The final budget will be presented for approval in June.
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