St. Thomas University announces tuition hike coming this fall - Action News
Home WebMail Tuesday, November 26, 2024, 10:34 PM | Calgary | -6.2°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
New Brunswick

St. Thomas University announces tuition hike coming this fall

St. Thomas University is increasing its tuition in the fall, but the school says that should come as no surprise to its students. By the fall, full-time domestic students will pay another $367 each year, and full-time international students another $756.

The liberal arts university has raised tuition several times since 2013

This September, a full-time arts student at the university will pay $6,643 for tuition, while international students will pay $14,503. (CBC)

St. Thomas University is increasing its tuition in the fall but the school says that should come as no surprise to its students.

Fees will climb by$367 per year for eachdomestic student taking a full-time course load, and $756 for full-time international students.

Director of communications Jeffrey Carleton said the Fredericton-based liberal arts university has raised its tuition several times since 2013 as part of a five-year deal with the provincial government.

The agreement was designed to bring the university's "significantly lower" tuition closer to the average provincial tuition despite atuition cap put in place by the formerAlwardgovernment.

"It's been an agreement that's been now in place for five years and this is the fifth and final year," he said.

Deficit reduction

University president Dawn Russell announced the tuition hikes in a statement released on Thursday.

In September, a full-timearts student at the university willpay $6,643 for tuition andinternational students$14,503.

By comparison, undergraduate student fees at the University of New Brunswick in Fredericton are $7,536 for domesticand $17,385for international students.

Students will also notice an increasein their technology and facilities fees, which will increase by $50 to $150. A new $500 practicum fee will be introduced to recover some of the costs of managingpracticumsin the Schools of Education and Social Work.

University president Dawn Russell announced the tuitionhikes in a statement released on Thursday.

Russell said the schoolforecast its budget at $29.5 millionin revenues, but also expects adeficit of $445,000, which it hopes to shrink through"planned and prudent combination of expenditure reductions and revenue increases."

In 2015, the deficit was$1 million. The university also received a one per cent increase in operating grants from the province after two years of no funding increases, she said.

Enrolment up

Jeffrey Carleton said the university has raised its tuition several times since 2013 as part of a five-year deal with the provincial government. (CBC )

Despite the tuition hike, Russell said that after several years of declining student numbers, the university saw an increase in first-yearenrolment of eight per cent in 2015and three per cent in 2016.

"We may not be able to maintain such increases every year, though we hope to see overall enrolment numbers stabilize," she said.

Carleton added that enrolment numbers for international students have gone up at a comparable rate.

While tuition fees at St. Thomas are higher than they used to be, the university continues to attract foreign studentsbecause its rates are among the lowest in the Maritimes, and beat anywhereelse in Canada, he said.

"We do recognize that nobody likes to pay more but at the same time, our costs are rising," he said.

"It's always a balance every year, for any university to try and come up with a combination of cost savings and some revenue increases that can bring you as close to a balanced budget as possible."

Carleton did not saywhether the university plans to negotiate a new agreement with the province, should it want to continue thecap on tuition fees.

St. Thomas University's student union did not respond toa requestfor comment on this story.