uAlberta faces third year of tight budgets

January 16, 2012

University of Alberta students face larger classes and will see fewer professors as the institution deals with its third tight budget in as many years. uAlberta's provost says the institution is "very seriously concerned" about the impact of another year of "flatlining" revenues from both tuition and the provincial government, as well as declining investment income. Administrators have told deans to plan for further budget tightening in 2012 as the upcoming provincial budget is expected to hold the line on university operating grants. That funding represents approximately 65% of uAlberta's budget. The institution needs about a 4% increase annually to keep up with inflation and operating costs. If the provincial operating grant is frozen again, as expected, that will result in another 2% across-the-board cut for uAlberta. Edmonton Journal