Community updates
Aug. 13, 2026 | 91´«Ã½ reports 2025-26 financial results
91´«Ã½'s audited 2025-26 financial statements are now available. Through significant effort across the institution, 91´«Ã½ reduced its operating budget expenditures by $18.6 million and ended the year with a modest operating fund surplus of $2.7 million on a $468.6 million budget. While this represents meaningful progress, the university continues to face long-term enrolment, revenue and cost pressures. Learn more about 91´«Ã½'s 2025-26 results, .
May 5, 2026: The Board of Regents has approved 91´«Ã½â€™s 2026–27 operating budget, taking deliberate steps to strengthen long-term financial sustainability through cost reduction, strategic reallocation of resources and the creation of a contingency fund. The board has also approved a one-time Voluntary Retirement Program. .
March 6, 2026: Jennifer Lokash, Provost and Vice-President (Academic) and Alison Horton, Vice-President (Finance and Administration) are pleased to share an update with the university community regarding the leadership and implementation of 91´«Ã½â€™s new budget model. .
July 24, 2025: An update from President Jennifer Lokash on 2025-26 budget reductions. .
July 9, 2025: At its July 8 meeting, the Board of Regents approved several strategic investments focused on driving enrolment and operational efficiencies.
June 30, 2025: .
June 5, 2025: To view the Town Hall held on May 26, 2025, please visit (MUN login is required). View the presentation slides from the Town Hall (PDF)
May 20, 2025:
April 23, 2025: A message from the president on the provincial government 2025 budget. .
March 11, 2025: The university provided an update on 91´«Ã½â€™s 2024-25 operating budget at the March 6 Board of Regents meeting. .
Dec. 19, 2024: Lisa Browne, vice-president (Administration, Finance and Advancement), has released more information on the Limited Hiring Program related to non-academic appointments. You can view the memo here: Limited Hiring Program memo, Dec. 19, 2024.
Dec. 10, 2024: On Dec. 9, President Neil Bose hosted an employee town hall to hall to provide all employees with additional information and answer their questions regarding the university’s budget. The recording is now available online. (MUN login required).
Dec. 6, 2024: President Neil Bose published a regarding the Board of Regents approval of new initiatives aimed at addressing the projected funding shortfall.
They are:
- A limited hiring program
- A restriction on the use of carryover funds
- Further development of a new budget model
On Monday, Dec. 9, from 2-3 p.m. (NST)/2:30-3:30 (AST), there will be a virtual town hall to share information related to recent budget initiatives for 91´«Ã½ employees. Hosted by President Neil Bose, faculty and staff are invited to learn more about 91´«Ã½â€™s budget process. A Newsline was sent to all employees with a link to register.