Algonquin College says all new international students will have a guaranteed on-campus residence accommodation for the upcoming spring term 2025. The new initiative comes as the college navigates through enrollment shortfall due to the new federal cap on international students and changes to the eligibility for post-graduate work permits. Due to the shortfall, the college is projecting a $32 million decrease in revenues.
President and CEO Claude Brulé says international enrolment will be short nearly 2,400 incoming students, and the college will be forced to make "difficult budgetary decisions now" to deal with the funding shortfall. "To be clear, the government policy decisions that have been announced will be with us for some time, and this will compound the financial impact on the College in the years to come," Brulé said in an open letter to Algonquin College. "It is therefore imperative to take measures and make difficult budgetary decisions now, knowing that some actions will take time to be fully implemented and have the outcomes realized.
" In a news release Thursday, the college said the new initiative is meant to ensure a welcoming environment for its international students. "This guarantee reflects our commitment to creating a supportive, welcoming and accessible environment for international students as they settle into their new academic journey at Algonquin College," Patrick Devey, associate vice president, global online and corporate learning. The applicatio.