The tuition hike at St. Thomas University in Fredericton is raising some eyebrows. The annual fee is being raised by $434, a number that's nearly triple the provincial government's cap on tuition increases.
Jeffrey Carleton, a spokesman for the university says the increase was necessary to balance the books, but post-secondary education minister Danny Soucy says he's disappointed that they're not abiding by the cap. However, the cap is not a law, so he has to go over the matter before he decides if the government can take any action with the university.
The government froze funding for public universities and introduced at $150 cap to tuition fees in its 2013-2014 budget.
With the hike, the annual cost of a bachelor of arts degree at St. Thomas University is now $5,379.