UWI seeks funding amid reduced Gov't contributions
The University of the West Indies (UWI) is seeking to have graduates contribute to its funding amid reduced subventions from regional governments.
Yesterday, the university launched UWI Global Giving Week during which it is hoping to get the support of alumni, friends and donor agencies.
The week will run from August 1-7, under the theme 'Emancipate, Educate Donate'.
According to UWI it will mark the beginning of a tradition that will see graduates making an annual contribution to the regional institution.
UWI Vice-Chancellor, Professor Sir Hilary Beckles says while regional governments have played their part in empowering the university for several decades, many are now experiencing difficulty and have urged the UWI to reduce its dependence on the public purse.
He says the university’s finance committee shows that the contributions from regional governments have dropped significantly from 80 per cent of the total operational budget 15 to 20 years ago, to 45 per cent today.
He is appealing to people who are committed to further development of the region to come to the aid of the university.