A popular post-secondary school in the Lakeland is planning how it will work around cuts to funding after the provincial budget was announced. Portage College sent out a press release on Friday.
In it, the school says it’s readying for a 6% decrease overall in government funds. The Campus Alberta Grant Fund alone for the school will be cut by about $291,000.
“We recognize the financial situation of the province and the tough decisions government had to make,” said Nancy Broadbent, President and CEO. “We have worked diligently to meet the challenges without impacting programs and services for students.”
The college says they were informed that beyond the 2019-20 cuts, the Alberta government will hand out new spending reduction targets as they look towards a new funding model. The new model is said to encourage post-secondary institutions to collaborate and find ways to rely less on government funding.