The Ubyssey
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is part of: University Publications
issued: 2015-09-18
issued: 1986-03-21
aggregated CHO: https://open.library.ubc.ca/collections/Ubysseynews/items/1.0128779/source.json
format: application/pdf
note: UBC Archives Serial THE UBYSSEY .Vol. LXVIII, No.46 Vancouver, B.C. Friday, March 21,1986 228-2301 Funding gets .1 per cent iii St By DEBBIE LO The 1986/87 provincial budget has greeted universities with a more generous face this year than last, providing universities with a 0.1 per cent increase in funding compared to last year's five per cent cut. After taking inflation into ac count there is no real increase in funding this year said Michael Geoghegan, Canadian Federation of Students national executive representative. A total of $600 million has been set aside for the Excellence in Education fund to be allocated over the next three years. "It will allow us to do more longer range planning," said UBC vice-president finance Bruce Gallat- iy. In the "short term", he said the provincial government has recognized the need for longer term j** planning more than they have in the past. He added it was "too early" to tell the direct effects of the funding allocation to next year's university budget, which will be drawn up in the next few months. Thirty-five million from this year's $110 million allocation has already been spent. B.C. will contribute $10.9 million to the Challenge '86 program for which the federal government has allocated $16.6 million, as part of the $125.6 million set aside, to fund Challenge programs nation wide. Geoghegan said the provincial government should match the federal contribution as several other Canadian provinces do. A new $15 million "job entry" program has been created this year for students and the unemployed. And another $5 million is going to employ students at EXPO for which the Social Credit government says will create 47,000 jobs. Student aid has been given a $4.1 million boost from last year's $6.8 million allocation, but $2.7 million of that increase will pay for the interest on student loans. "The increase is nothing more than a token amount in a province that has the worst student aid in the country," said Geoghegan. "It offers …
has type: Newspapers
spatial: Vancouver (B.C.)
identifier: LH3.B7 U4
is shown at: 10.14288/1.0128779
language: English
provider: Vancouver : University of British Columbia Library
publisher: Vancouver : Alma Mater Society of the University of British Columbia
rights: Images provided for research and reference use only. Permission to publish, copy, or otherwise use these images must be obtained from The Ubyssey: http://ubyssey.ca/
source: Original Format: University of British Columbia. Archives
subject: University of British Columbia
type: Text