NUS recorded loss of $4.72 million in FY 2021

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The National University of Samoa recorded a loss of $4.72 million tala in the previous financial year. 

This is outlined in the University’s annual report for FY ending June 2021. According to the report, in the previous financial year of 2020 accumulated losses stood at $2.4 million.

Furthermore, the report says that despite the many challenges faced while implementing the University’s current Corporate Plan; we were able to successfully achieve the priorities that we set forth to develop and implement.

Vice Chancellor, Aiono Alec Ekeroma stated in the annual report that administratively, the year under review was given to the coordination of necessary activities and projects focused on infrastructural and strategic priorities urgently needed to enhance the provision of efficient and effective services to the University’s increasing student population.

“As well, a lot of time and effort was devoted to the necessary preparations for the realization of some of the University’s development via its programmes/courses and services, especially at this timeframe of working under COVID-19 restrictions.

Given the level of preparatory activities during this period, it is anticipated that the University will witness the achievements of scheduled development projects in the next reporting period. continued to achieve significant milestones in the progression of its development in line with the revised NUS Corporate Plan 2017/2018-2020/2021.

Of note were the:

  • 1. Addition of new and revised programmes and courses to the University’s offering portfolio;
  • 2. Approval of the new NUS Corporate Plan 2020/2021-2024/2025;
  • 3. Inaugural Vice Chancellor’s awards for the recognition of staff performance;
  • 4. Approval of Samoa Apprenticeship Certificate Level III & IV Programmes;
  • 5. External & Internal Consultations on University policies, procedures and plans;
  • 6. Establishment of University initiatives/projects to enhance the quality of facilities, programmes &
  • services offered.

Concerted efforts to actively encourage staff to pursue higher qualification studies by taking up opportunities offered through programmes of the University’s partners continued during this period.