Wednesday, April 2, 2014
UNBC tuition to rise two percent for 2014-15
However, for those of the region that have made the UNBC choice, the cost of that education is about to go up a bit.
Students attending the University of British Columbia will be digging a little deeper when it comes time to pay their tuition for 2014-15, with the University announcing a tuition rate increase of 2 per cent, which works out to an addition ninety six dollars for a UNBC Undergrad.
The announcement comes as part of the process of balancing the UNBC budget, in addition to the tuition rate increase, UNBC also will eliminate 10 FTE faculty and staff positions, a number of which are currently vacant.
The need for the rate increases and employment reductions comes as UNBC had to account for a projected grant reduction from the Provincial Government of $473,000. Requiring administrators work on ways to reduce the cost pressures and to gain maximum value for every dollar that they budget for.
With the two percent increase, the tuition fee for a full time undergraduate student at the University will be $4,9123 per year.
You can find more on the Budget process and the decisions made to balance it, from the UNBC website.
Prince George media outlets offered up some background on the budget decisions, which can be found below:
CKPG -- UNBC Board of Governors passes budget (video)
CKPG -- UNBC Budget passed
Prince George Citizen -- UNBC tuition fees to rise two percent
Prince George Free Press-- UNBC Budget about $400K less than last year - 10 jobs cut and tuition hiked
HQ Prince George-- UNBC Balances 2014-15 budget, aims to maximize dollars
Opinion 250-- UNBC Boosts tuition, cuts positions to Balance Budget