Cuts in Scholarship Budget to Fund UWI Campus
Monday 25th February, 2019-Prime Minister Gaston Browne has revealed a third option to fund the operation of the fourth landed campus of the University of the West Indies will come from the current scholarships being offered to Antiguans and Barbudans.
With the UWI fund attached to the Citizenship by Investment Programme and a 10% tax on the windfall profits of telecommunications companies, insurance companies, financial institutions, and the sole petroleum storage and distribution company in Antigua and Barbuda, another option will see a percentage of funds being expended on scholarships diverted.
Government is anticipating that 4,000 students will be enrolled by September 2019, when the fourth UWI Campus becomes operational.
Prime Minister Gaston Browne speaking last Thursday at the opening session of the Technical Advisory Committee of the University of the West Indies, at Sandals Grande Resort and Spa.