The College of New Caledonia’s Board of Governors Friday approved a two per cent increase to both domestic and international tuition and mandatory fees for the 2021/2022 academic year.
The decision focuses on affordability for students while addressing anticipated costs as well as COVID-19 financial pressures, according to the college. For a domestic student in 2021/2022, a university transfer course will cost $288.76 per term, an increase of $5.66.
“This modest increase is consistent with the Province of British Columbia’s tuition limit policy,” said Dr. Dennis Johnson, CNC President and CEO. “CNC’s fiscal planning is conscious of costs for students, which is why the College’s tuition remains one of the lowest in the province.”
The tuition and fee changes are part of CNC’s annual budget process, which is now underway and expected to conclude in April 2021. The College anticipates regular increases in utilities and supplies every year. COVID-19 has added costs for the College’s day-to-day services for students, while declining international revenue has also created fiscal challenges.
“Our goals through the budget process and our tuition changes remain clear: to support students while ensuring the sustainability of our organization,” said Johnson. “We are actively exploring ways to strengthen our awards program to improve opportunities for students.”