University of Calgary

International Student Decline Leads to $34.7 Million Budget Shortfall at University of Calgary

International Student Decline Leads to $34.7 Million Budget Shortfall at University of Calgary

Calgary (Rajeev Sharma):  The University of Calgary is facing a $34.7 million budget shortfall this year following a significant drop in international student enrolment, highlighting growing financial pressures on Alberta’s post-secondary institutions.University officials reported that international student numbers fell by nearly 9 per cent, from 6,998 students last year to 6,394 this fall, resulting in an estimated $11 million loss in tuition revenue. The decline comes amid tighter federal regulations on study permits and reduced provincial funding for post-secondary education.A spokesperson for UCalgary said, “With fewer international students paying full-tuition fees, we’re seeing that the model we’ve grown accustomed to…
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