MUN Sells Harlow, Signal Hill Campuses, Geo Centre, and Printing Services Building
Memorial University of Newfoundland (MUN) is making significant operational changes to address a $25 million deficit. The university has decided to divest several properties that do not align with its academic mission.
Properties for Sale
Among the properties being sold are:
- Harlow Campus in the United Kingdom
- Signal Hill Campus
- Johnson Geo Centre
- Ingstad Building, which includes MUN Printing Services
Timelines for Closure
MUN President Dr. Janet Morrison has provided updates regarding the future of these facilities:
- The Johnson Geo Centre will remain operational until the spring but is set to close by the year’s end if no sale is finalized.
- Signal Hill Campus will continue its current operations until April 2027, unless sold or transferred by then.
Financial Context
The decision to sell these properties comes after the university faced a budget deficit that grew from $20 million to $25 million. This increase was exacerbated by a government directive to freeze tuition, resulting in an additional $5 million shortfall.
The Board of Regents aims to streamline operations as part of a larger strategy for financial stability. This restructuring underscores MUN’s commitment to focus on its core academic objectives while addressing financial challenges.
Conclusion
The future of several MUN campuses and facilities hinges on successful sales and transfers. As the university navigates its fiscal challenges, the management’s priority remains aligned with its educational mission.
