On May 2, The University of Winnipeg’s Board of Regents approved a balanced budget of $159 million for 2022-2023 which represents no change from the previous year.
The budget includes an operating grant from the Province of Manitoba of $64.55 million, which represents no change from the previous year. In addition, the Province has allocated UWinnipeg $1.2 million to be used to address deferred maintenance needs on campus. In alignment with provincial government regulations, tuition will increase by an average of 3.75 per cent for 2022-2023. This varies by program, but generally equates to $136 for the average student ($192 if taking a full load of five courses). The University of Winnipeg remains one of the most affordable post-secondary institutions in Canada.
The university continues to prioritize high-quality teaching and research, and has allocated resources for new faculty and staff positions to support student success. The budget also includes strategic investments in research which includes funding for internal research grants to support the continued growth of research innovation and success. Funding has also been directed to increase financial supports for students with an additional $155,000 allocated to student awards and bursaries.
“The University of Winnipeg remains committed to academic excellence. This budget will prioritize student success, high-quality academic programming and research innovation, and in turn, our campus will continue to support the economic vitality of our city and province,” said President and Vice-Chancellor Dr. Todd Mondor. “I would like to thank the financial team for their work developing the 2022/23 Budget and the Board of Regents for their role in carrying forward The University of Winnipeg’s future.”