The Brock University Board of Trustees has approved a 2022-23 budget that includes strategic new investments in several priority areas and continues to advance emerging academic programs such as engineering and continuing studies.
There is more money to support Indigenous students, new funds to further expand research and significant additional spending in student health and financial aid. The budget also includes the next phase of funding for Brock’s Yousef Haj-Ahmad Department of Engineering, money for the Professional and Continuing Studies program and funds to support the expanded Department of Nursing.
“The board has endorsed a responsible spending plan that optimistically advances Brock’s strategic priorities,” says Interim President and Provost Lynn Wells. “We are emerging from more than two years of pandemic uncertainty and thankfully Brock is in a strong financial position that allows us to make these priority investments to benefit our students and faculty.”
“This is a sound budget that enables Brock to take strategic next steps,” says Board of Trustees Chair Mark Arthur. “It provides significant investments to help Brock’s students break through and realize their full potential, while supporting our efforts to grow new programs and build a better community.”
The budget includes:
- a 3 per cent increase in the Research Support Fund allocation
- new research funding to support Post-Doctoral Fellows
- new money to hire more student-serving health and wellness practitioners
- increased scholarship funding for Indigenous students
- resources to grow Indigenous content in curricula and a commitment to continue investments to aid reconciliation and decolonization.
- more money to support library acquisitions
- additional funds to help keep University data secure
“This financial plan is key to helping Brock continue to emerge from the shadow of the pandemic. It ensures appropriate resources are in place to propel our strategic priorities as we look forward to welcoming all our students back to campus this fall,” says Ken Chan, Brock’s Vice-President, Administration.
The budget is available on the University Financial and Budget Information web page.