Loyalist College is in for some capital upgrades thanks to a major funding injection from the Ontario government.
Todd Smith, MPP for Bay of Quinte, said the province will spend $2.1 million in increased annual funding on campus to help the college repair and modernize elements of the post-secondary institution on Wallbridge-Loyalist Road.
“Well-maintained facilities and the latest in learning tools and equipment are critical parts of a post-secondary education,” said Smith in a press release.
“By investing in postsecondary infrastructure, our government is supporting economic recovery, creating jobs and ensuring students obtain the skills they need for the in-demand jobs of today and tomorrow.”
As part of Ontario’s facilities renewal program (FRP), the province has earmarked $1,75 million in capital funding to help Loyalist College address the ongoing need for maintenance, repair, renovation and modernization of its existing facilities.
The 2020-21 FRP funding represents an increase of more than $1.3 million over and above last year.
As part of the College Equipment and Renewal Fund (CERF), the government is also providing $410,100 in capital funding to help Loyalist College purchase and renew instructional equipment and learning resources.
For 2020-21, CERF funding can also be used to purchase equipment to support student virtual learning during COVID-19.
“The first-class education students receive at our postsecondary institutions is critical to the future of Ontario, our economy, and the prosperity of our people, said Minister of Colleges and Universities Ross Romano in a release.
“That is why our government is committed to providing annual funding that will help our colleges and universities renew and modernize their facilities.”
Dr. Ann Marie Vaughan, president and chief executive officer of Loyalist College, welcomed the funding.
“Through this generous support from the Ontario government, Loyalist is addressing deferred building maintenance requirements and adding instructional learning resources to improve students’ experiences both online and in-person,” said Vaughan. “By addressing these maintenance items, the 2 funding will help to revitalize academic and student spaces so the College can continue to support new innovative academic programming.”