The Kamloops Chamber of Commerce is asking the B.C government to re-evaluate the funding model for post secondary institutions like TRU.
Chamber President Joshua Knaack says, present allocation formula for block grant funding of B.C’s post-secondary institutions is 15 years old.
He says, despite a drastic increase in student enrollment at TRU, there has been little to no change in funding allocation.
“There is a number that the province has said we expect you to get this many students. TRU actually gets quite a few more, and as a result they still get the same funding as if they only had the number that was benchmarked.”
The Kamloops Chamber will be presenting their membership’s position on this issue at the annual B.C Chamber of Commerce conference in May.
Thompson Rivers University still ranks 20th out of 25 universities in per-student funding in British Columbia.