Algonquin College and McGill University have shared updates on how they are contending with provincial and federal government policy changes around out-of-province and international students. Algonquin President Claude Brulé said that the federal cap on international students is “creating unprecedented financial challenges,” with a projected revenue decrease of $32M over multiple years. The college has implemented a variety of mitigation measures, including deferring expenses, reducing corporate expenditures, and reviewing hiring and staffing decisions. McGill has announced that it has stabilized its enrolment by admitting more QC students and using a new scholarship—the Canada Award—to offset tuition hikes for out-of-province students. However, McGill plans to scale back this scholarship program to ensure that it is sustainable in the future.
