The University Budget

The UBC Budget represents the financial plan for the university — it serves as a roadmap for allocating all of the university’s revenues against anticipated expenses.

During the fiscal year, UBC Faculties and administrative units are responsible for managing their finances within the budget for their respective areas.

Each year in September, these units complete their budget review and, through that process, submit their priorities and their associated budget requests for the year ahead.

In October, UBC’s Provost and Finance budget teams on each campus meet with student leaders, both senates, senior staff, academic heads and directors, associate deans, and deans to assess those requests against UBC’s strategic plan, to determine a draft budget covering the period from April 1 to March 31 (the fiscal year), which reflects the strongest areas of alignment with UBC’s strategic priorities.

In April, this draft budget is presented to UBC’s Board of Governors for their review and approval.

While budgets for the Vancouver and Okanagan campuses are determined separately, they are combined in the annual Budget Report. The Budget Report is now publically available for 2019/2020 financial year.

Read the 2019-2020 budget