New Zealand universities face potential losses, require a 4% increase in subsidies for 2024-25.

New Zealand universities face financial struggles, with half expecting millions in losses. Universities New Zealand CEO warns that renewing a one-off funding boost made by the previous government is crucial. The sector seeks a 4% increase in subsidies for degree-level enrolments in 2024-25, as current funds run out in December 2023, risking an 8% drop. International students offer some assistance but do not solve the sector's financial challenges alone.

July 18, 2024
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