NB releases PSE budget details

March 24, 2014

The New Brunswick government last week announced details of the funding to PSE and skills training it pledged in the recently-tabled 2014-15 provincial budget. The government will be investing $593 million towards higher education, including the 2% increase to operating grants announced in the budget. Other funding details include $3.3 million to the tuition rebate program, $4.6 million for credit transfer and accessibility, $3.6 million for 4 new apprenticeship initiatives, $7 million over 5 years for 150 scholarships ranging from $4,000 to $21,000 under the Graduate Scholarship initiative, and a $1-million matching program under the Opportunities Fund. NB News Release