With recent program cuts and declining international student enrolment, there’s no doubt that Fanshawe College is in the middle of a rough patch.
However, the most recent announcement from the provincial government could be a crucial step in getting the college back on its feet.
Minister of Colleges, Universities, Research Excellence and Security Nolan Quinn, announced $242 million in funding for all of Ontario’s colleges and universities.
The money will go towards new equipment and classroom upgrades for STEM, health, teaching, and trades programs.
“This investment is part of our $2 billion plan to ensure our students receive the cutting edge education they need to thrive in their future careers.” said Quinn at a press conference Tuesday afternoon.
Quinn also announced expanded enrolment in key programs, saying that more graduates create a stronger workforce.
“We’re building a workforce that is ready not only to face whatever may come our way, but to lead, innovate, and protect our province no matter what.”
Quinn stated that this decision could positively impact Ontario stretching into the further future.
“As Ontario faces international instability that threatens our economy, it’s imperative that we have the highly skilled workforce to protect our industries today and for decades to come.”
The enrolment expansions are certainly an eyebrow raiser for Fanshawe, as it seems to be exactly what they need right now.
Elsewhere, the already thriving Western University could also reap the benefits of this new funding.
Upgrading facilities and equipment to Western’s successful programs would give the school a huge boost of potential.
Breakdowns on plans for the funding has not been released to the public, but both of London’s main post-secondary institutions could get a much needed boost.
