The UNB board of governors has announced students will receive a credit on their tuition from the money saved during the labour disruption.
In a statement released late Thursday evening, the board of governors said that it will be distributing any net savings directly to both full-time and part-time students.
“The University Board and administration feel strongly that there should be no financial benefit to the university as a result of the labour disruption,” the statement read. “The university will be distributing the net funds … in recognition of the hardships and inconvenience cause them.”
It’s unclear where the university saved money during the labour dispute, but full-time students should expect to receive a credit on their financial account upwards of $200 towards the end of March. Part-time students will receive less.
UNB Student Union president Ben Whitney said the UNBSU strongly advocated a tuition rebate and was glad to see the board of governors make compensation a priority.
“In a situation where students suffered a great deal of inconvenience, frustration and hardship, this is a first step in helping to repair our semester,” Whitney said in a statement. “While that does not mend everything that was broken as a result of the labour disruption, it’s without a doubt a victory for students.”
Earlier in the day the AUNBT ratified the collective bargaining agreement, with 90 per cent of all members who voted, supporting the new agreement.