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St. Lawrence College Board of Governors approved balanced budget for 2014-2015

2014-05-09, 9:03 AM

St. Lawrence College is pleased to announce that its Board of Governors has approved a balanced budget of $105.5 million for 2014-2015, at its May 6th board meeting. This approval will allow the College to continue to invest in its main priorities of student success, academic excellence, and leadership in our communities.

With steady, growing full-time enrolment, including our online offerings, as well as growth in our Corporate Learning and Performance Improvement division, St. Lawrence College is in a strong position for the future.

The budget is a reflection of the college’s new Strategic Plan 2014-2019 which was launched this year, according to Glenn Vollebregt, President and CEO, St. Lawrence College. “It will facilitate our ability to pursue important strategic initiatives, as well support our vision, mission, and values,” he said.

Among those strategic initiatives are opportunities to enhance career services for students, further invest in online learning, and sustainability projects that will deepen our leadership in this area.

We are committed to redesigning every program by 2015 to include at least one fully online course, according to Vollebregt. “In addition to online courses we are also focusing on the development of hybrid learning, that combines classroom and web-based delivery, maximizing both student learning and satisfaction.” 

“We’ve also adopted long-term initiatives to help us achieve our goals for sustainability, that not only embrace new provincial government accountability directions, but also make good environmental and financial sense,” Vollebregt continued.

Investments in Career Services for our students will also ensure that more students choose the right career path, and will assist them to begin, transition, or advance their careers.

St. Lawrence College also continues to outperform the province in all Key Performance Indicators.

-88.2 per cent of our graduates found work within six months of graduation. Well ahead of the provincial rate of 83.4 per cent.

-82.7 per cent of our graduates were satisfied with the usefulness of their college education in achieving their goals after graduation

-94.6 per cent of employers were satisfied with the quality of educational preparation of our graduates.

"While we’re proud of our KPI results, we know our work is never done,” Vollebregt said. “With this budget, we’re able to move ahead on our key objectives to further improve our college well into the future.”

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About St. Lawrence College

With three friendly campuses in Brockville, Cornwall, and Kingston, St. Lawrence College is an integral part of the economic vibrancy of Eastern Ontario. St. Lawrence College is a close-knit community of 6,700 full-time students from Canada and from more than 40 countries worldwide, with more than 70,000 alumni. As part of ongoing sustainability initiatives, the College recently completed the installation of more than 1,600 solar modules on the roofs of our Kingston and Brockville campuses, the largest solar roof-top installation of any post-secondary institution in Canada. In addition to this investment in our campus infrastructure we have recently completed a multi-million dollar revitalization of our Cornwall campus. The college has many exciting Applied Research projects in progress, as well, our Corporate Learning and Performance Improvement group has helped more than 345 organizations grow and prosper. Hundreds enroll in our online and continuing education courses each year. We work with thousands of clients annually at our Employment Service locations in Kingston, Sharbot Lake, Sydenham, and Ottawa.

Laura Tulchinsky
St. Lawrence College, Communications
613-544-5400, ext. 1291
Cell: 613-329-2451