Decline in Student Enrollment Triggers Layoffs at Algoma University
Algoma University Faces Budget Deficit Due to Drop in International Student Numbers
Algoma University in Sault Ste. Marie, Canada, has announced a budget deficit between $5.5 million and $7 million, according to the interim president and vice-chancellor, Dr. Sheila Embleton. This deficit is a result of a decline in international student intake.
The anticipated final fall enrolment for all campuses and sites is 4,482 students, a decrease of approximately 50% from the previous fall's total of more than 9,000 students. This drop in enrolment has resulted in a tuition revenue decrease of $6.6 million.
The decline in international student loans is a problem faced by many post-secondary institutions. Algoma University is not an exception, as it has seen a more severe than expected decrease, with a drop of approximately 60%.
To address this issue, cost-saving measures have been implemented, but they have not been enough to avoid workforce layoffs. Between 50 and 75 employees are expected to be laid off in the coming months.
Dr. Embleton stated that the priority is to support students, faculty, and staff, maintain open and compassionate lines of communication, and ensure Algoma University remains resilient. Laid-off employees will be given extended coverage to access the Employee & Family Assistance Program (EFAP) program for three months following termination. Career transition services will also be provided to help those affected find new opportunities.
Employees affected by layoffs are encouraged to access the university's EFAP program through Homewood Health. Algoma University continues to deliver unwavering academic excellence and quality learning experiences for the students and communities it serves.
Despite the challenging circumstances, Dr. Embleton remains optimistic about the future of the university. She emphasised that Algoma University remains committed to its mission and values, and will continue to adapt and innovate to meet the needs of its students and community.
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