UNBC passes tuition fee increase, balanced budget

UNBC’s Board of Governors passed a 2% tuition fee increase for 2018/19 as part of a balanced budget, the Prince George Citizen has learned. A 2017/18 financial planning overview passed by the Board of Governors last year said that in May of 2016, staff had discovered an “unexpected $3.5 million deficit (consolidated) for the 2015/16 fiscal year” after the Board had already approved a balanced budget for the 2016/17 year. According to UNBC Provost and VP Academic Dan Ryan, the discrepancy prompted the BC Government to launch an inquiry into the university’s finances. Following the upcoming budget announcement, Ryan stated that the province is “pleased that we're going in the right direction and that's absolutely critical because ultimately we have to be careful that we don't make all the decisions based solely on financial equilibrium.” Prince George Citizen