AB Budget 2023 includes new student affordability measures, enrolment expansions, facility development funds


The Government of Alberta released its Budget 2023 this week, which includes several announcements related to postsecondary institutions and students. This year’s budget includes $2.3B in affordability measures in 2023-24, as well as new relief measures such as a lower interest rates on student loans and a tuition cap that will begin in 2024. AB also made a $111M investment in expanding enrolment in academic programs with the highest demand. CBC reports that several institutions will also receive dedicated funding for their facilities.

CBC | Global News | AB