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Niagara College gets $6.4B in provincial funding, easing financial strain but needing more revenue from enrollment and programs.
Niagara College welcomes $6.4 billion in provincial funding over four years, calling it a "welcome relief" after years of financial strain, though it covers only about one-third of the college’s fiscal gap.
The funding includes a 6% per-student grant increase and ends a seven-year tuition freeze, allowing 2% annual domestic fee hikes.
The college plans to close the remaining shortfall through growing domestic enrollment—its third consecutive year of gains—and expanding revenue from micro-credentials, corporate training, and its beverage retail operations.
It also urges the federal government to revise postgraduate work permit rules that disproportionately affect college graduates.
Niagara College recibe $ 6.4B en fondos provinciales, aliviando la tensión financiera, pero necesita más ingresos de la matrícula y los programas.