University presidents want to make every effort possible to ensure that the quality of education is not negatively effected by funding cuts. (Photo credit: Alex Faubert)

University presidents want to make every effort possible to ensure that the quality of education is not negatively effected by funding cuts. (Photo credit: Alex Faubert)

Dal & King’s presidents brace for more cuts

University presidents address faculty regarding MoU

Earlier this week, Tom Traves, president of Dalhousie University and Anne Leavitt, president of the University of King's College made statements to faculty regarding the memorandum of understanding announcement made last week.

The MoU is a new three-year plan that outlines a partnership between N.S. universities and the government that will focus on finding solutions to a number of problems. The MoU also commits the government to establish a $25M competitive fund that universities can apply for.

At the university senate meeting on Monday, Traves said the greatest challenge facing the university is the 3.12 per cent cut in funding. He added that the university is well prepared to confront the belt tightening after it already had to cut 3.5 per cent from the 2011-12 budget.

Citing the significant increase in enrolment over the past couple of years, Traves added that the university is in a good position relative to other universities. Addressing the $25M fund from the government, he pointed out that a $3-4-million investment would only lead to small gains in efficiency. Traves mentioned that the university budget committee will make recommendations for cuts in the coming months.

In an e-mail sent to faculty on Tuesday morning, Anne Leavitt said that the news is "disappointing." Leavitt continues to say that, "meeting our very real financial challenge will require some sacrifice from all of us as well as a great deal of creative thinking."

Leavitt states that the University Financial Sustainability Committee is ready to examine the budget and come up with a plan for the next few years.

 

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