New Alberta budget adds $280 M to PSE funding, freezes tuition for two years

October 29, 2015

The new Alberta budget for 2015–16 will increase funding to the province’s universities, colleges, and technical schools by $280 M compared to last year. The funding will help support a two-year tuition freeze for students, a $40 M boost to base funding for schools, and a $183 M increase in student loans. $581 M of the $5.7 B overall budget will be set aside for eight major campus expansion projects. The funding announcement was met with relief by many higher education stakeholders, including Erik Queenan, President of the Students’ Association at Mount Royal University, who said that students were “really encouraged to hear the government is acknowledging the importance of post-secondary, especially in these turbulent economic times.” Calgary Herald | Metro | Gauntlet | Guelph Mercury