Loyalist College will close programs and reduce its staff numbers in response to what InQuinte calls “significant revenue loss.” Due to a decline in international students and the Government of Ontario’s tuition freeze, the college is reportedly facing a 40M funding shortfall for this fiscal year. Loyalist is reportedly implementing an indefinite intake suspension for 30% of its programs and projecting a 20% reduction to its staff, which will include a voluntary exit program, the reduction of roles through attrition, and terminations and layoffs. “They are gut-wrenching decisions that we have to make,” said Loyalist President Mark Kirkpatrick. “But we know that we need to keep this institution here and viable for the future not just of Loyalist College but of our region.”
