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Students to see 'slight' tuition increase

Wednesday, April 30, 2014   by: SooToday.com Staff
NEWS RELEASE
 
ALGOMA UNIVERSITY
 
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The Algoma University Board of Governors has approved the proposed operating budget for the 2014-2015 fiscal year.
 
The total operating budget for the University in 2014-15 is $32.1 million, up by $2 million from what was budgeted in 2013-2014.
 
The budget put forward by University President Dr. Richard Myers, proposed a surplus of approximately $73,000.

The budget was based on a projected 2.7 percent increase in student enrollment, which will bring the University to almost 1500 full-time equivalent (FTE) students, most of whom will study here in Sault Ste. Marie.

The approved budget includes a 3 percent increase in tuition (the provincially mandated maximum on non-professional programs), which the University has partially offset through increases to the Tuition Set-Aside, Entrance and Renewal Scholarships, and Varsity Athletic Scholarships, all of which put additional resources back in the hands of students.

Tuition fees at Algoma will rise to $5,791 (from $5,622) for a full-time domestic student in 2014-2015, a rate which continues to be among the lowest in the province.

"We are pleased with the outcome of this year's budget," said Dr. Myers. "The relatively slight increase in tuition means that we can keep an Algoma University education affordable, while we continue to add additional resources in order to improve the quality of education our students will get during their time here."

The budget includes a variety of new positions at the University.

The total full-time faculty complement will grow by two positions, compared with last year's budget.

Within that complement, the number of tenure-track positions will increase by three.

Chair of the Board of Governors Tim Lavoie felt that the budget once again reflected both growth and fiscal responsibility.

"Tonight the Board approved a balanced budget proposal for 2014-15 that addressed the needs of the Algoma University community effectively and efficiently," he said.

About Algoma University

Algoma University offers a wide variety of liberal arts and sciences degree options including programs in Psychology, Social Work, Computer Science, Business Administration, Fine Arts, Community Economic & Social Development, and Biology in Sault Ste. Marie, Brampton, Timmins and St. Thomas.

As a partner with Shingwauk Kinoomaage Gamig, Algoma U is committed to respecting Anishinaabe knowledge and culture.

Algoma University has launched its Essential Elements Campaign to expand its campus and offer more scholarships and awards to students. To learn more, visit www.algomau.ca.

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Comments
29
Note: Comments that appear on the site are not the opinion of SooToday.com. If you see an abusive post, please click the link beside the post to report it.
SarahMac 4/30/2014 10:42:38 AM Report

I see why the put slight in quotes. Apparently "slight" increase means the maximum possible increase by law.
steelworker 4/30/2014 10:48:58 AM Report

I guess they have to make up for past losses.
BP7245 4/30/2014 10:56:40 AM Report

What lies....our tuition after ancilliary fees is over $7000/year. The majority of students don't see any of that scholarship money filtered back in to our hands. Jus because all other universities are raising tuition, doesn't mean Algoma has to as well, or raise it at the maximum legal amount per semester. Ontario has the highest tuition fees in Canada, and Algoma sits very very very slightly under the provincial average.
rider_ 4/30/2014 11:00:40 AM Report

bottom rung education at a premium price

what a steal

(yes, I have a combined electrical engineering & computer science B.S. from MIT framed behind this very monitor, so don't even go there)
yomamaissofat 4/30/2014 11:15:08 AM Report

GOOD FOR YOU!!!
Now go out and get a job!!
dragonfly7 4/30/2014 11:29:52 AM Report

STATUS CARD...
iluvslots 4/30/2014 11:32:24 AM Report

RIDER....you hit the nail right on the head. AU is a third rate university at best. Nice to see you spent the time and money to get a degree from a REAL University
Gumby54 4/30/2014 11:36:12 AM Report

Here is a better site that breaks down the fees.
http://www.electronicinfo.ca/en/page.php?id=50&j=1&flash=1
Christina216 4/30/2014 11:36:12 AM Report

what about a status card dragonfly?
lambkins 4/30/2014 11:54:34 AM Report

They have to make up for close to $400,000. That's why.
dragonfly7 4/30/2014 12:04:48 PM Report

No thank you christina216.I wouldn't use one if it was given to me.But it's got a ring to it.Hahahaha
mrmarc 4/30/2014 12:25:37 PM Report

I paid a little over $10,000 in my final year of University last year.

Did it suck to pay $10,000? yes, why yes it did, especially living out of town and paying rent, food, transportation etc.

BUT, and there is a BUT. People who complain about Canadian tuition fees should stop and take a look at what is charged in the USA.

It is nothing for tuition at just a state university (and no.. don't start comparing Lake State) to be around $25,000 per year. JUST TUITION!

I agree with Rider 100%, if Algoma U charged absorbent amounts of money for tuition, maybe there would be less people getting useless degrees and be in student debt. Hell, look at that Soo Today story from a few weeks ago about the mom with two Algoma U degrees complaining about minimum wage.

justsomeguy 4/30/2014 12:38:06 PM Report

@mrmarc - I assume by 'absorbent' you mean 'exorbitant'.
gowestyoungman 4/30/2014 12:38:07 PM Report

"which the University has offset with" ... "varsity athletic scholarships" ... "which puts money back in the hands of students".

Really? Because we all know that a majority population of AU gets athletic scholarships....oh wait....
BP7245 4/30/2014 1:09:38 PM Report

varsity is a whole other story
BP7245 4/30/2014 1:12:32 PM Report

interestingly, Algoma has a 1.7 million dollar surplus this year
BP7245 4/30/2014 1:16:07 PM Report

The institution is expected to end the 2013-2014 fiscal year with a surplus of over $1.7 million. At the same time, the Board of Governors voted to increase all residence prices by $200 a year for the 2014-2015 school year.
Jimssm 4/30/2014 2:12:42 PM Report

Rider...

Did you expensive M.I.T. degree get you a better job than a B.S. degree at a 2nd rank Canadian University would have?? (I'm assuming you are posting from some 6 figure job outside of Sault Ste. Marie)

... if not, you got ripped off.


An inexpensive, General BA from Algoma, is just as 'valuable' as one from any other 'first rank' institution. It's the degree that doesn't give a payback, not where you got it.
justsomeguy 4/30/2014 2:59:28 PM Report

@Jimssm "An inexpensive, General BA from Algoma, is just as 'valuable' as one from any other 'first rank' institution"

That statement is very far from accurate. It's well known that schools like McGill or McMaster have higher admission requirements than schools like Algoma U. Additionally the quality of professors at top rate schools cannot be compared to schools like Algoma U - if you look at the number and quality of published research papers from U of T then compare them with those published from Algoma U professors you'll see what I'm talking about.

One of my co-workers applied to CAS and was told that they don't recognize a BA from Algoma for that position. She upgraded her degree at Lakehead which they did recognize. If all schools were equal then all graduates and admissions would be equal and they clearly are not.

steelworker 4/30/2014 3:54:44 PM Report

Would you want a Harvard lawyer or an Algoma U. lawyer.
Jimssm 4/30/2014 6:53:30 PM Report

steely...

Since Algoma U doesn't grant law degrees, you must have meant it as a joke.

....but... since you brought it up... the top ranked law school in the USA is also one of the smallest.

Admission to that school doesn't even consider GPA or where you did undergrad... so an Algoma U grad could be just as good a lawyer as a Western grad.



Enough of the 'everything from the Soo sucks' attitude.
Jimssm 4/30/2014 7:02:33 PM Report

@ justsomeguy

If CAS didn't accept the degree from Algoma, then it was the wrong degree. There are plenty of employees at CAS with a degree from Algoma U, including management.
And considering it's a very young school, they're doing very well.

There are advantages to going small. I really didn't get much out of the 400 seat lecture hall at Waterloo.
BP7245 4/30/2014 7:32:04 PM Report

as an Algoma student, I may not agree with the tuition increase, however we do have some top rate professors.....in my program, 2 of my professors were educated at Cambridge and St. Andrews, and are well published, world renowned experts in their fields
justsomeguy 4/30/2014 8:11:17 PM Report

@jimssm - nope, it was 100% entirely the right degree. They officially said that they don't recognize degrees from that institution (being Algoma U). This was outside of Sault Ste Marie. Things in 'The Soo' are sometimes a completely different story.

I hold 2 undergraduate degrees. A BA from Algoma and a BSc from Lakehead. I really wasn't impressed with Algoma. Granted it's a young university and still has lots of growing and improvement to do. The best law school is the smallest, however now you're talking about post-graduate education and that's entirely different from undergrad.

My attitude isn't 'everything from the Soo sucks' as you put it, I just disagree with your points. People claim universities have "top rate professors", but based on what? Have you attended other universities and compared? I have the luxury of having attended more than one university and have compare my experiences. I'm not down on Algoma U, I'm just saying that it's just not meeting the hype.
justsomeguy 4/30/2014 8:12:08 PM Report

@BP7245 - can you provide their names and fields? I'm interested in learning more about them,
Jimssm 4/30/2014 9:07:58 PM Report

Justsomeguy...

I questioned your comment because you said CAS, and for them to 'not recognize' a degree would be quite unusual, since Algoma U has international accreditation for ALL the degrees they offer. Both Algoma U and CAS are government-funded.

Where was this CAS ?
Jimssm 4/30/2014 9:21:55 PM Report

@justsomeguy...

My wife and I are both university educated. As are our children. Between us, we are alumni of University of Waterloo, University of Ottawa, Algoma College, Wilfred Laurier, Laurentian, U of T, Oxford, McGill, McMaster and NOSM.

I am not sure what you mean by Algoma U 'not living up to the hype'. It's claim to fame in all of it's advertising is small class size.
justsomeguy 4/30/2014 9:27:49 PM Report

@jimssm - the CAS location was in Hamilton, Ontario.

I'm not referring to the Algoma U created hype, but the hype created by local people. Those who claim Algoma to be 'among the top universities' and that it 'has the top professors', ad nauseam. All I'm saying is that when compared to the other university I attended, it left a lot to be desired. I wasn't specifically or exclusively referring to the professors, but the university in general. In addition to that, I disagreed with the comment that an Algoma U degree is equivalent to that of an 'ivy league' degree. In my opinion they aren't. Just like my HBSc from Lakehead does not compared with an HBSc from McGill or U of T.
Jimssm 4/30/2014 9:50:46 PM Report

@justsomeguy

We will need to agree to disagree.

What I said is that pertaining to general degrees.... a degree is a degree is a degree.

I've never hired anyone over another because of where their degree came from. IF the person was a top of their class Harvard or Yale graduate with awards out the wazoo, maybe. But then the 'too qualified' argument works against them. My first job after my Masters was lost to a BA grad because the HR manager thought I would probably move on.

You didn't like Algoma, I get it, but it's local and a perfect stepping stone for families that want to keep educating themselves without having to sell the farm.
Comments
29
Note: Comments that appear on the site are not the opinion of SooToday.com. If you see an abusive post, please click the link beside the post to report it.
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