University of Ottawa Board of Governors approves 2018–2019 budget

Posted on Monday, May 28, 2018

Student at uOttawa

Ottawa, May 29, 2018 — Yesterday evening, the University of Ottawa’s Board of Governors approved the institution’s 2018–2019 budget. The implementation of a new budgeting model has allowed the University to bring forth a balanced budget aimed at supporting its strategic priorities, including the student experience, the francophonie, internationalization and uOttawa’s mission as a research-intensive university.

The Board approved an average tuition fee increase of 3% for Canadian students, consistent with the province’s regulatory framework. At the same time, the University will maintain its generous scholarship and financial aid program, valued at over $100 million. Moreover, the Board has approved measures to enable newly-admitted international students to better forecast changes in tuition fees, allowing the University to continue its successful efforts to recruit abroad.

The University continues to support its researchers, reinforcing its mission as a high research intensity university. This year, the University community will benefit from newly-created research spaces. As well, in 2018–2019, funds for research will total $138 million.  This financial support comes mainly from the granting agencies, particularly the Tri-Council (NSERC, SSHRC, CIHR), as well as the Canada Foundation for Innovation and the Canada Research Chairs.

Additionally, for several months, students have been enjoying new, modern facilities, including the Learning Crossroads. This building includes new classrooms and study spaces for 1,000, as well as being equipped with a range of multimedia technologies, to provide students with a learning experience that is more appealing and rewarding than ever. As well, when students return this fall, the University will mark the much-anticipated opening of its STEM Complex, which will stimulate teaching, research and innovation in science, technology, engineering and mathematics.

Earlier this spring, the University renewed its Strategic Mandate Agreement with the Ontario government. The agreement caps government grants, which only make up 35% of total University revenue. Ranked among the best in Canada and the world, the University will redouble its efforts to stand out and remain a destination of choice, for both Canadian and international students, as well as professors and researchers. 

 

 

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For information, please contact :

Isabelle Mailloux Pulkinghorn
Interim Manager, media relations
Cell: 613-240-0275
imaillou@uOttawa.ca

 

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