2012-2017 Multi-Year Budget

It is an exciting time for Laurentian University – we now have an approved 5-year Strategic Plan, Academic Plan, Strategic Research Plan and a budget that aligns with these precise aspirations allowing us to accomplish our specified priorities.

Some of the notable incremental investments include:

• $35M to support campus modernization in Sudbury (including classroom redesign, new collaborative spaces, one-stop student services, and a new front door welcoming centre);
• $7.9M by 2017-18 to address deferred maintenance;
• $6M for the rehabilitation of the Single Students Residence (SSR);
• $4.1M by 2017-18 to support the international accreditation of the Faculty of Management;
• $2.8M by 2017-18 to reintroduce men’s and introduce women’s hockey in the Fall of 2013 (self-funded initiative);
• $2.1M by 2017-18 to launch the School of Mines;
• $2M to modernize food services on campus, including a new Starbucks this year and full renovation of the Great Hall in 2013;
• $1.8M by 2017-18 to increase staff training and professional development;
• $1.4M by 2017-17 to fully integrate all operational functions into one data warehouse (Laurentian Electronic Age Project – LEAP);
• $1.4M by 2017-18 to enhance services through the Centre for Academic Excellence;
• $1.05M by 2017-18 to expand student recruitment efforts;
• $1.05M by 2017-18 to secure full funding for the construction of the Indigenous Sharing and Learning Centre, enhance proactive hiring practices for Aboriginal faculty and staff, and increase Indigenous content in courses;
• $1M by 2017-18 to establish Laurentian world-wide as the University synonymous with fresh water research;
• $0.9M by 2017-18 to offer additional annual Graduate Teaching Assistants (GTA) to international students in our signature programs;
• $0.7M by 2017-18 to support initiatives that support faculty and staff engagement;
• $0.6M by 2017-18 to expand research chairs and scholars-in-residence;
• $0.6M by 2017-18 to fully implement wireless on the Sudbury campus.

The plan calls for enrolment growth of 1,150 students by 2017-2018, and the university will do so while raising the average entry grade from 81% to 83% and continuing to diversify and grow its international student population.

For more information on the budget, please click here for the presentation to the Board of Governors.