UBC’s budget for 2021/22
20 April, 2021
The UBC Board of Governors has approved the budget for 2021/22, setting spending priorities for the year ahead to support the ongoing recovery from COVID-19, to further UBC’s impact through key priorities, and to continue support for excellence in teaching, learning, and research.
The financial plan for 2021/22 will enable the university’s ongoing response to COVID-19, which is centred on supporting the long-term health and wellbeing of students, faculty, and staff. In 2020/21 UBC invested over $13.7M centrally to create an enriched online learning experience in response to the pandemic, and students received over $380M in financial support from university, as well as provincial and federal sources. The university is investing an additional $11M in 2021/22 to support the safe return to campus this fall.
In addition to the ongoing recovery from COVID-19, UBC is committed to investing in our students, furthering our academic mandate, and promoting a more inclusive, diverse, and vibrant community. Key areas outlined in the 2021/22 budget include: supporting excellence in teaching, learning, and research; continuing to elevate our research capacity and capabilities through the President’s Academic Excellence Initiative; championing the Climate Action Plan; furthering anti-racism and inclusive excellence initiatives across UBC’s campuses; and supporting the implementation of the Indigenous Strategic Plan.
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