NL releases budget 2026

News

The Government of Newfoundland and Labrador released its budget 2026 this week, which includes several initiatives for postsecondary education. The province has committed $500M to support Memorial University and College of the North Atlantic amid a 2026 tuition freeze. NL also committed $40M for a Graduate Tuition Refund Program to encourage graduates to stay in the province, as well as support for an Apprenticeship Training Program. In a message to the Memorial community, Memorial President Dr Janet Morrison expressed gratitude for the increase in grant funding, stating that the funding “doesn’t eliminate hard decisions, but it does create space for meaningful engagement.”

NL | CBC | Memorial