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Dalhousie University could see a loss of $50M in upcoming academic year

covid-19 Dalhousie University Coronavirus Nova Scotia Education
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Dalhousie University.Although the university is increasing its tuition costs by 3 per cent, a new fiscal update assumes a potential $37.8 million decline in tuition revenue for the 2020/21 academic year.It also predicts an additional $12.1 million lost in ancillary revenue, including residence fees, Dalplex and conference services.

This also includes loss specific to certain faculties, according to a Wednesday press release.In a normal year, Dalhousie would have released a full operating budget plant by now, but due to COVID-19 and the uncertainty of implications on university operations, only the fiscal update was provided.The release says the decline in revenue will be a consequence of a likely decline in enrollment.[ Sign up for our.

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