St. Thomas University Operating and Ancillary Budgets for 2025-26

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The Board of Governors has approved the operating, ancillary, restricted, and capital budgets for 2025-26.  The budgets were developed in consultation with a President’s Advisory Committee which had representation from faculty, administration, and students. There was also a Budget Town Hall, and the community had the opportunity to make submissions to the Advisory Committee.

Operating Budget 2025-26

The 2025-26 Operating Budget reflects objectives to maintain high-value academic programming and student services along with the financial sustainability of the university while keeping tuition comparable with other universities in the region.

The budget projects a deficit of $2.1M on revenues of $34.6M. Revenues include a Provincial Government operating grant increase of 1% and a 3% tuition increase in the Bachelor of Arts for domestic students ($258) and 5% for international students ($968). The Bachelor of Education and Bachelor of Social Work tuition will increase by 5%. Student fees remain the same, except for a $50 increase to both the technology and facility fees.  

Last year, º¬Ð߲ݴ«Ã½ had the fourth lowest domestic tuition and fourth lowest international tuition among 14 universities in the region. As well, the university provides $2.8M of financial support annually to students in the form of scholarships, bursaries, and awards. 

Highlights    

  • Operating Budget revenues are projected at $34.6M, which includes the operating grant from the Provincial Government ($14M to º¬Ð߲ݴ«Ã½ and a $2.2M direct transfer to UNB from the Provincial  Government) and tuition and fees ($16.2M). Additional revenues include student fees, government and other grants, advancement fundraising, and miscellaneous totaling $2.3M.  

  • Academic expenses total $19.7M comprised primarily of salary and benefits at $18.7M. Administrative and general expenses total $6.3M with the main component being salaries and benefits of $3.9M.  

  • The Ancillary Services Budget, covering student residence and conference services, projects a surplus of $438K after principal payments on long-term debt of $456K. The prices for rooms will increase by 3%, while meal plans will increase by 3%. 

 The Budget Summary Report 2025-26, which has comprehensive information on each budget, may be found , while tuition and fee information may be found .