UWI Mona Chalk Up Net Loss Of $1.53 Billion For 2019/2020 Academic Year

The University of the West Indies, Mona campus has reported a net loss of $1.53 billion during the academic year 2019/2020.

That’s $115 million less than the previous year.

In its audited financial statement, the UWI cited funding challenges due to the Covid-19 pandemic, which resulted in a decline in enrollment and operations at the university.

The UWI is looking at the implementation of vaccines to boost revenues and increase student enrolment for the upcoming academic year.

Readers Bureau, Contributor

Edited by Jesus Chan

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