Posted: Sunday, July 5, 2020. 8:24 am CST.
By Aaron Humes: Despite losing up to $7 million in income from the Government (subvention cut by 25 percent) and tuition and fee payments, the University of Belize has decided to retain existing tuition rates and cut student fees by a quarter.
Thus, contrary to certain social media posts, “…there will be no tuition or fee increase for students in August 2020 and there was never any such plan post COVID19,” the University wrote in a statement issued yesterday.
There were plans in place for a tuition increase in the coming academic year, but in a meeting with top University leaders including student Government leaders, President Dr. Clement Sankat announced this would be put on hold and current rates would still apply. ln addition, fees would be reduced 25 percent and it was suggested and approved that students would only be required to pay 25 percent of their fees and tuition at the start of the semester during registration rather than 40 percent.
The President said he also engaged the Development Finance Corporation (DFC) to seek more attractive student loans for students who have the smallest incomes at this time. Incoming students have been offered details of the new Special Education Loans at DFC and information on the loans are being posted on the University’s Facebook page and website.
Students and others with any suggestions or recommendations are asked to please engage the Administration directly via email established for this purpose: firstname.lastname@example.org.
The University was formed from an amalgamation of five tertiary institutions in 2000 and marks its 20th anniversary in August.
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