GPRC’s President and CEO responds to province’s funding changes
Grande Prairie Regional College’s new President and CEO says Monday’s announcement from the Government of Alberta of its new performance-based funding model helps bring clarity to its budgeting process.
In a emailed statement, Dr. Robert Murray says there is finally some increased certainty as the college plans its budget for next fiscal year.
“Today’s announcement provides GPRC’s leadership, faculty and students with the clarity needed to help meet the needs of both current and future students and local industry for years to come with increased certainty.”
Beginning April 1, Alberta’s post-secondary institutions will have a portion of their government-provided funding affected through performance-based metrics. This year, up to 15 per cent of funding will be linked to performance metrics, with that total increasing to 40 per cent by 2022.