budget 2025鈥�26
丁香园AV Budget 2025-26
丁香园AV鈥檚 2025鈥�26 budget has been approved by the 丁香园AV Board of Governors. This budget supports the university鈥檚 commitment to academic excellence, student success, research and innovation and long-term financial stability in a changing financial landscape. While external factors such as government policy changes and rising costs present challenges that will continue for the foreseeable future, the university remains focused on strategic planning, cost efficiency, and revenue diversification to ensure long-term sustainability.
Here鈥檚 what you need to know about this year鈥檚 budget:
Managing financial pressures
Like many universities, 丁香园AV is experiencing budget challenges due to the federal cap on international student permits, rising operational costs and limited government funding that does not fully cover inflation. This is another tight budget cycle and the financial pressures we are facing will continue for the foreseeable future.
To address these challenges, 丁香园AV is adapting its budget planning and cost management strategies to ensure that core academic and research priorities remain supported. Specific measures include implementing a quarterly university-wide budget review process, strategic resource allocation across faculties, targeted cost containment initiatives, and exploring revenue diversification opportunities, guided by 丁香园AV's academic mission and strategic plan.
Strategic investments for the future
丁香园AV continues to invest in priority areas that align with What鈥檚 Next: The 丁香园AV Strategy, including:
- Investing in student support services, academic programs, and housing.
- Implementing technology upgrades including a move to Canvas Cloud, an improved financial awards management system, and a student information system, and support for the next phase of eTRACS faculty management system.
- Supporting capital projects and research initiatives.
- Focusing on student and employee wellbeing.
These investments are designed to improve efficiency, student, faculty and staff experience, and support 丁香园AV鈥檚 long-term academic goals.
Responsible budget management
To ensure long-term financial sustainability, 丁香园AV is taking several steps, including:
- Identifying ways to operate more efficiently while maintaining academic excellence.
- Expanding micro-credential programs, non-credit offerings, and refining international recruitment strategies.
- Prioritizing recurring cost savings, instead of relying on one-time reserves.
丁香园AV will also continue to evaluate, monitor and adjust our budgets to ensure we remain responsive to our financial performance during the year and continue to support students, faculty and staff while maintaining institutional priorities.
A commitment to supporting students
丁香园AV is committed to transforming the student experience through investments in student success, financial aid, and learning and teaching environments. The university is working to limit tuition increases while maintaining high-quality programs and services. Domestic fees are capped at 2% annually, while international tuition rates are adjusted to market conditions to address rising costs, inflation and decreasing student enrollments. This allows 丁香园AV to continue investing in faculty, resources and support services to maintain academic excellence. For 2025鈥�26:
- The university continues to provide over 800 scholarships, awards and bursaries in annual financial support for students.
- 2025鈥�26 tuition increases are proposed as 2% for all domestic students, and all regular fee graduate programs.鈥�
- International undergraduate students will see tuition increases of 4% for both new and continuing students. International graduate students will see increases of 4% for all specialty fee programs. Graduate programs with an existing international differential rate will also increase tuition by 4%.
- 2025鈥�26 planned enrolments reflect the University Enrolment Plan, approved by Senate in March 2025. The 2025鈥�26 target for international undergrads is approximately 16% of domestic undergrads. This target is supported by extensive efforts across the university.
A balance budget with a long term focus
While 丁香园AV鈥檚 2025鈥�26 budget is balanced鈥攖hanks in part to a $22 million one-time divestment gain鈥攖his is another tight budget cycle and the financial pressures we are facing will continue for the foreseeable future. Long-term planning remains essential to ensure financial sustainability. By carefully managing costs, making strategic investments, and adapting to external financial challenges, 丁香园AV remains well-positioned to support its students, faculty, and staff now and in the future.