University of Regina terminates fee agreement with students' union, citing financial concerns

2 week_ago 11

Saskatchewan·New

The University of Regina says starting connected Aug. 31 its interest statement with the students' national volition beryllium terminated due to the fact that of fiscal concerns.

University says halfway pupil services volition proceed contempt statement termination

CBC News

· Posted: Apr 02, 2025 5:34 PM EDT | Last Updated: 4 minutes ago

A metallic  motion   indicates the determination  of the University of Regina

A connection from assemblage president Jeff Keshen said the assemblage expressed concerns aft reviewing the University of Regina Students’ Union’s (URSU) 2024 audited fiscal statements. (Alexander Quon/CBC)

The University of Regina says it has mislaid assurance successful its pupil national and is terminating its interest postulation statement with the organization.

A connection from assemblage president Jeff Keshen posted Wednesday said the assemblage expressed concerns aft reviewing the University of Regina Students' Union's (URSU) 2024 audited fiscal statements.

"Over the past respective months, the University has tried to enactment with URSU leadership, offering fiscal and governance assistance," stated Keshen successful the release.

"Unfortunately, URSU has not undertaken the steps recommended by the University to amended and code these matters."

He said arsenic a effect the assemblage "lost confidence" successful URSU serving and representing students and is terminating its interest statement with the national starting connected Aug. 31.

Under the interest agreement, the assemblage collects fees from students arsenic a portion of their tuition, and past those fees spell to URSU, which provides pupil services.

According to publically disposable fiscal statements, URSU reported income of $5.4 cardinal from student fees successful 2024.

"The University wishes to guarantee students that halfway pupil services volition proceed successful the Fall 2025 term, arsenic volition the postulation of pupil fees that money those services," said Keshen. 

URSU told CBC it volition beryllium coming retired with a effect this week, but the quality merchandise from the assemblage was the archetypal the enactment had heard of it.

Keshen said successful the merchandise that the assemblage is committed to moving with a pupil national that has bully governance and amended fiscal management.

read-entire-article