NS budget allows one-time "market adjustment" of tuition fees

April 13, 2015

Students are likely to be among those hit the hardest by Nova Scotia's new budget, presented on Thursday. The budget will allow the province's PSE institutions to implement a one-time market adjustment to tuition fees before restoring the current 3% cap on tuition increases for domestic students; the cap on increases for out-of-province and graduate students has been eliminated. University operating grants were increased by 1%, and the budget provides $1.6 M to convert some student loans into grants. Both Students Nova Scotia and the Canadian Federation of Students - Nova Scotia decried the new budget, arguing that it will significantly increase the cost of an education and push students out of the province. Globe and Mail | Chronicle-Herald (1) | Chronicle-Herald (2) | StudentsNS News Release | CFS-NS News Release