A bill introduced by the provincial government May 10 would help keep university tuition fee increases in line with the rate of inflation and provide funding predictability for institutions. This announcement was made by Advanced Education Minister Erin Selby.
“Our tuition fees are already among the lowest in the country and we want to keep them that way,” Selby said. “This new legislation ensures students will continue to have access to affordable, high quality education, and institutions will be able to rely on predictable funding levels.”
The bill would empower the Council on Post-Secondary Education (COPSE), the agency that plans and co-ordinates the development of the post-secondary education system, to work with universities to keep tuition fees in line with inflation.
The new legislation would also require COPSE to ensure universities know how much money they will receive in operating grants for three-year periods, the minister said.
“This new legislation will ensure that our universities will have the predictable financing they need to continue offering high-quality education,” said Selby.
