The University of Winnipeg’s Board of Regents has approved a balanced budget of $179 million for the 2024-2025 fiscal year.
The budget reflects a 2 per cent increase to the University’s base operating grant from the provincial government, which is equivalent to $1.5 million. In addition, the University has also received $1.2 million in deferred maintenance funding for 2024-2025, which will be used to address critical maintenance needs on campus.
To help keep the University affordable for all students, the tuition increase was again capped at 2.75 per cent for the upcoming academic year. While providing students an excellent quality of education, UWinnipeg remains one of the most affordable universities in Canada.
This year’s budgeting process focused on finding the most impactful ways to invest in the learning experiences, services, and supports that help our students be successful. One key investment in student learning is the plan to hire additional faculty members, including nine Indigenous faculty as part of a focused cluster hire. Funding has also been directed to increase financial supports for students, including an additional $172K allocation for student awards and bursaries.
