VICE-CHANCELLOR PROPOSES NEW FINANCIAL MODEL
Global Partnerships and Donors 5%
The UWI’s new financial model will see reduced dependence on declining subventions by regional governments, as the institution turns to other sustainable, forward- thinking strategies. As it stands, running the university costs just over $18 billion per year, yet only 50% of the expenditure comes from Government. During the last year, the institution’s regional leadership met in a series of retreats with stakeholders to discuss strategies for implementing the new model. Despite the impact of COVID-19, the market response suggests there is still a high level of liquidity in the financial system, and investors are willing to invest.
Alumni 5%
Private Sector Funds 15%
Government 50%
UWI Entrepreneurship 10%
Student Fees 15%
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