Another year of cutbacks ahead, UvA presents financial framework for 2019
The executive board of the UvA has submitted next year’s financial framework to the academic community. As usual the UvA hopes to break even – no profit, no loss – but says further cutbacks are necessary to prevent facing a loss of 18.6 million over the 2019 budget.
In the coming months €18.6 million should be found by the auditors and accountants of the different faculties and services to break even the budget for 2019. The UvA has already put into place control measures of 11.8 million to counteract the possible loss. Severe cutbacks are proposed for the matching (€3.9 million) and the service departments (€3.6 million). Smaller cutbacks are proposed for language policy (€0.2 million) and the concept of the international classroom (€0.2 million). However, even then there is still an estimated gap of 6.8 million (€18.6 minus 11.8) to close. If deans and management succeed in doing so over the next few months, the university will break even in 2019.
Good news
But there is some good news too. In 2019 government grants will increase considerably — by almost four per cent relative to this year. As of 2019 the UvA will also receive extra grants from the government related to the abolition of the basic fair (‘basisbeurs’) according to the Student Loans Act. In 2019 this amount will total €7.9 million. This amount will increase to €20 million in the year 2022.
Housing
Prices per square meter according to the so-called ‘rentable floor model’ are due to increase from €216.61/m2 in 2018 to €251.92/m2 in 2022. The housing investment (REC, Science Park and University Quarter) will increase over the next four years from an estimated €190.6 to an estimated €243.9 million. The Participation Councils of Workers and Students are due to present their joint opinion on these plans before July 13.
