Financial Data
Commitment to Accessibility and Excellence
Demonstrating its own commitment to support deserving students, U of G has increased its spending on student assistance over the last decade by over 440 per cent to $18.9 million in 2005/06. Since 1999/00, Guelph’s commitment to both merit- and need-based assistance has approximately doubled.
In addition to the scholarships and bursaries, the University provides more than a $1M in assistance through the Work Study Program.
The University provides employment opportunities for nearly 3,300 of its students generating $25 million in salaries.
Commitment to Accessibility and Excellence
Since 1995/96, the University’s financial assistance commitment has grown at a much faster rate than tuition fees. Over that period, average tuition fees per FTE student have increased by 62% while student assistance measured similarly has increased by 250%.
More Productive Use of Resources
Over the last decade, the University of Guelph has undergone extensive restructuring and consolidation of administrative functions. We can now boast that we are among the least costly universities in the province in terms of the percentage of institutional expenditures associated with the University’s major central administrative operations (e.g. executive offices, financial and administrative services, human resources, board and senate secretariat, investment management, space planning etc.) as defined by the Council of Ontario Financial Officers – Universities of Ontario.
Investing in Our Future
Since 1991/92, the University’s endowment fund has increased by 366 per cent, with nearly 60 per cent of the total endowment now generating revenue to fund student assistance programs.
<< About U of G | Enrolment >>