If the federal government’s two-year cap on international students were applied equally to post-secondary institutions across Canada, some leading universities in B.C. could face losses of tens of millions of dollars in revenue annually.
Public post-secondary institutes are expected to be impacted harder than private ones, which will receive 27 per cent fewer study permit applications in 2024 than they did in 2023, according to the B.C. government. In 2012, there were 9,144 international students enrolled at UBC, making up 16 per cent of total enrolment. And in 2022, international enrolment grew to 19,909—more than doubling the 2012 figure and representing 27 per cent of total enrolment.Tuition for international students is usually much higher than the tuition paid by domestic students, because tuition for the former isn’t regulated like it is for the latter.
Another leading university, Simon Fraser University , saw a steadier increase international students over the same decade. This cohort grew from 5,359 in 2012—or 18 per cent of total number of students—to 6,416 in 2023, or 21 per cent. This generated around $140 million in undergraduate tuition in 2023, making up 44 per cent of total undergraduate tuition.
Likewise, the British Columbia Institute of Technology has also seen a drop in international enrolment since the pandemic started. After reaching 6,652 in 2019—around 10 per cent of total enrolment—international enrollment dropped to 3,423 in 2022, or seven per cent of total enrolment.
Education Education Latest News, Education Education Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: tbnewswatch - 🏆 75. / 51 Read more »
Source: CBCTBay - 🏆 42. / 63 Read more »