FOR IMMEDIATE RELEASE
THURSDAY, MARCH 27, 2003
TRENT UNIVERSITY WELCOMES PERMANENT INVESTMENT IN QUALITY ASSURANCE FUND FOR POST SECONDARY
Multi-year grant to provide stable funding
In response to today’s provincial budget, Trent University praised the government’s decision to commit an additional $75 million in base budget funding to address the increase in student enrollment associated with the double cohort, and a multi-year Quality Assurance Fund beginning with $75 million in new funds this academic year, rising to $200 million in 2006/07.
"The Quality Assurance Fund will provide much needed support to Trent University, particularly to improve our library, equipment for classrooms and laboratories, and student services, " said Bonnie Patterson, President and Vice-Chancellor. "While the performance measurement framework is yet to be developed, it is our hope that this will help fund our expansion of faculty and graduate teaching assistantships."
President Patterson added that the quality fund will also assist the University to respond to the Ministry’s goal to accommodate all applicants for September 03-04. Patterson emphasized that "Trent remains committed to taking its share of students through this period of growth." She also stressed that "Trent’s overall growth will continue to be guided by Trent’s tradition of focusing on the success of the individual student."
Other highlights of the budget included:
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