Nova Scotia says a new funding agreement with the province’s 10 universities will freeze tuition for students, boost operating grants and strengthen accountability and sustainability. The two-year agreements for 2025-26 and 2026-27 replaces the current one-year agreements with universities, which expired on March 31. The funding increase to the 10 universities is $7.7 million for the first year, and $7.8 million for the second year. “Our government is freezing tuition for Nova Scotian students to improve affordability for post-secondary so they can get the education they need to start their career,” said Brendan Maguire, minister of Advanced Education, in a provincial news release. “We want our universities to thrive. Through these longer-term agreements, we are providing more financial predictability for universities to help ensure that they are financially sustainable now and in the future.” The province says the new agreements provide universities with a two per cent increase in their operating grant each year. Some of the grant will be held back until universities achieve specific targets within their agreements. Some highlights of the new agreements include: The provincial government says new financial indicators and benchmarks, as well as financial reporting, will be implemented to assess the financial health of universities, which will be reviewed over five years annually. According to Students Nova Scotia, undergraduates studying in the province pay some of the highest tuition fees in Canada – 33 per cent above the national average. The student advocacy group is praising the province’s move to freeze tuition for students who hail from Nova Scotia. “We’re really looking forward to seeing that affordability measure be put into place,” said G Saleski, executive director of Students Nova Scotia. For more Nova Scotia news, visit our dedicated provincial page