University Faces $30M Deficit
This is a Ottawa news story, published by windsorstar, that relates primarily to Robert Gordon news.
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international student study permitswindsorstar
•‘Dramatic’ — UWindsor warns of ‘very disruptive’ cuts as deficit forecast jumps to $30M+
76% Informative
The University of Windsor is projecting a $30-million-plus operating budget deficit next year .
Plummeting international student enrolment is being blamed for the deficit.
A report to the board of governors on Tuesday said preliminary forecasts point to the need for a “complete reboot” of 2025/26 spending.
A nationwide cap on international student study permits announced by Ottawa in January is not directly impacting the school.
Inflationary pressures, a student tuition rate freeze by the province for a fifth consecutive year , lasting until at least the 2026/27 fiscal year .
University president Robert Gordon said 2024 will likely be a record year for fundraising, with $8.5 million in donor revenues as of September .
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