Fredericton, NB – New Brunswick post-secondary students were disappointed to see an operating grant freeze and tuition hike in today’s provincial budget, but remain optimistic about forthcoming consultations surrounding financial aid.
The 2016-17 Budget froze operating grants to universities for the second year in a row and capped tuition increases for New Brunswick students at 2%. No cap was imposed on tuition fees for out-of-province or international students.
“Knowing that significant reductions to university operating grants had been considered, we’re pleased to see government not making those cuts,“ said Lindsay Handren, NBSA Executive Director.
“However, by freezing operating grants and increasing tuition, it is placing more of the financial burden of pursuing a post-secondary education on students.”
New Brunswick ranks eighth out of the ten Canadian provinces in terms of per-student public funding to universities. It ranks fourth in terms of tuition fees.
A commitment to developing a new tuition assistance program in consultation with student groups was also contained within the Budget. Cost presents a significant barrier to access, with New Brunswick students graduating with debt holding the highest average debt in Canada at $35,200.
“Though this budget could have been worse for students, it certainly could have been better,” said Annie Sherry, NBSA Board Chair. “We continue to be concerned about the high debt levels and comparatively low levels of student financial aid here in New Brunswick.”
“We are also concerned about the impact differential tuition for out-of-province students could have on enrolment and on this province’s future labour force.”
The Maritime Provinces Higher Education Commission recently observed a one-year decline in enrolment of 5.2% at New Brunswick universities.