The Loyalist College Board of Governors has officially approved the College’s 2021-2022 fiscal financial statements which include a $7 million surplus.
The school’s accumulated surplus is up to $29.8 million driven primarily by increased international enrolment at both Belleville and Toronto campuses.
The Board also approved the 2021-2022 Annual Report, outlining the College’s achievements related to its Strategic Plan 2025 objectives.
A primary achievement for this past year was the approval to offer a standalone Honours Bachelor of Science in Nursing degree.
Board Chair Pam Jolliffe calls it another strong year for the College with the surplus to allow for continued strategic investment into facilities, program development and student services.
Dr. Ann Marie Vaughan, Loyalist College President and CEO, says these achievements did not happen in spite of the school’s small size but because of it.
