Tuition at the College of New Caledonia is going up next year, and the Student Union isn’t surprised.
Catherine Munisi, Internal Affairs Co-ordinator, says the increase, of up to two per cent, was anticipated.
“It didn’t come as a surprise,” she says. “We disapprove of the income, because it puts students into more debt.
“We see the main problem as being a lack of funding from the provincial government.”
The increase was approved at the Board of Governors meeting on Friday as part of a process to trim $1 million to balance the 2013-14 budget.
“It will help,” President John Bowman said in a press release, “but we still have some work to do to submit a balanced budget.”
The tuition increase is dependent on provincial approval and can not be greater than the increase in the cost of living. Depending on what increase is allowed and what enrolment is at the school next year, the increase could generate about $100,000.
At Friday’s meeting, the board also heard other proposals for dealing with the budget shortfall, including reducing expenditures, reallocating unused budgets, and a limited number of early retirement incentives and voluntary severance packages.
CNC had an initial $2.3 million shortfall in the 2012-13 school year, and submitted a balanced budget of $48 million. Final approval of the 2013-14 budget will take place at the April 26 board meeting.