NSCAD University has approved its 2025-26 budget, which projects a $1.2M deficit that will be balanced with funds from the university’s operating reserve. The university has reduced its expenses by $1.2M through deferred building maintenance, reduced ancillary services, and a travel and hiring freeze. “This is a difficult budget, but I am pleased to say that no academic programs or student-facing services will be affected,” said NSCAD U Interim President and Chief Financial Officer Leanne Dowe. Dowe shared that NSCAD U experienced its highest deficit in a decade in 2024-25. Looking to the future, the university will be engaged in activities such as academic program reviews and the pursuit of additional revenue streams.