University of Alberta: More Budget Cuts Ahead

1.1242837720.the-beautiful-university-of-alberta-campusIn its second year of budget cuts, the U of A will try to lift $56 million off their shoulders.

Of the many effected, the faculty of science will take one of the hardest hits with a $6.8 million (7.5%) cut.

The cut backs estimated for 2014-15 are close to double those put in place in the current fiscal year.

In this budget cut more than 100 professors will leave the school with severance packages. However, more will have to be done. One strategy the University is looking into in order to raise revenue is bringing more international students (who pay much higher tuition) to the school.

In hopes of a stronger financial future, the University of Alberta will face major belt tightening in the years to come.

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