Students’ fees lowered by $10
Fees will be $10 lower next fall, removing $150k from SAITSA’s operating budget
SAIT students will be paying $10 less in school fees next fall, with the annual students’ association fees to be reduced to $288 for full-time students.
The decision for SAIT Students’ Association (SAITSA) to cut fees was motivated by the current economic condition, said Brigitte Matheson, SAITSA president.
“It’s a small difference, but it goes a long way,” said Matheson.
In fall 2016, full-time students will pay $168 towards the SAITSA operating budget and $120 to the fund for the new students’ building, which was approved in a student referendum in November 2015.
SAITSA is removing $150,000 from the operating budget to make up for the cut.
“There’s going to be no change in the level of quality of out services or to any of our operations,” Matheson reassured.
Every SAITSA department is undergoing a budget review, seeking cuts where possible, she said.
SAITSA’s bylaws state fees must be raised by a percentage increase annually, but the board of directors approved the decrease for the upcoming school year. The board of directors decided last year to freeze student fees for one year.
This first cut is just the beginning, said Matheson, as the association’s goal is to continue to reduce student fees in the future.
“We want to become more financially sustainable.”
Matheson said the association is looking into additional earned revenue sources, especially through additional services and opportunities from the future new students’ building.
“As of right now, SAITSA is heavily reliant on student fees and we aren’t as reliant on our earned revenue,” said Matheson.
“We want to switch directions so we can lower our student fees, which reduces the financial burden on students bit by bit overall.”