Accountable to you

We are grateful for the support of individuals, corporations, foundations and governments that make our accomplishments possible. We hold ourselves to the highest standards of stewardship of these resources and strive to provide a thorough accounting of our activities. Further elements of our accountability framework can be found on the UVic website.

Contributing to BC's economy

The University of Victoria generates $1.77 billion annually in economic activity. This includes direct and indirect expenditures such as salaries and benefits, student and visitor spending, taxes, spin-off companies, patents and licenses, and the effects of an educated workforce. The university directly and indirectly supports over 11,000 jobs. In addition, our Vancouver Island Technology Park, which houses the greatest concentration of high-tech companies on Vancouver Island, supports more than 2,000 jobs and contributes nearly $280 million annually to BC’s economy.

Research funding reaches new heights

Continued increases in external research funding attest to the importance and high quality of research conducted by UVic scholars. Such funding increased by $22 million in 2005/06 and has more than tripled over the past decade. Again this year, Maclean’s magazine ranked UVic the top Canadian comprehensive university in medical and science research grants per faculty member. UVic placed third among Canadian comprehensive universities in Research Infosource’s research university of the year rankings and third for research publication effectiveness, a measure of the quality and impact of research in relation to its costs.

Supporting students financially

The university’s goal is to ensure that outstanding
students from diverse regions and backgrounds are not prevented from attending UVic because of financial reasons. Again this past year we were able to increase the amount of undergraduate student financial aid, and UVic remains among the top 20 per cent of Canadian universities for student financial support. The value of bursaries, scholarships and work study funds has increased more than 70 per cent since 2001/02. When graduate student financial aid and student support provided by sponsored research grants and awards are included, total financial aid for UVic students in 2005/06 exceeded $22 million.

Investing in people, creating the future

Thanks to the generosity of our valued donors, investments in student support, educational programs and research initiatives grew by more than $16 million this year. This support helps create a future full of promise for our students and the wider community that we serve.