Cambrian balances 2024-2025 budget, but anticipates $13.4M less in revenues
Factoring in a reduction in its international students due to government policy, Cambrian College’s board of governors has approved a budget for the 2024-2025 school year that shows $13.4 million less in revenues from the previous year.
Cambrian College has a partnership with a GTA-area private college called Hanson Canada to educate international students in Toronto, on top of those studying at the college’s Sudbury campus. Domestic student enrolment is projected to stay the same, standing at 2,797 in January 2024 and the same number in January 2025.
She said the number of new intake of students is within the new allocation set by the province, and Hanson’s enrolment is based on “similar methodology,” Roy said.
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