UTech, Ja Annual Report 2017-18

University of Technology, Jamaica “Pioneering Past; Bright Future ” ANNUAL REPORT 2017-2018 51 Keycard and bus fare (41) subsidies via the JUTC Bus Service. SUMMARY OF OPERATIONS The six (6) year analysis from 2012/13 to 2016/17 indicates that the funding by the University and its external partners for student support services played a significant role in the success of the academic enterprise; and specifically served to improve the quality of student life on campus. Funding levels have remained relatively constant over this period; with slight fluctuations in the level of support provided from a low of $1.42 Billion in the current year to a high of 1.68 Billion in 2014/15. For the 2017/18 fiscal year, the total value of the Student Financial Support Services provided through the Department of Student Financing was over $1.42 Billion Dollars ($1,573,545,905.00); in the form of scholarship, sponsorship and welfare support services. Overall, a total of 7,779 students relied on one or more of the programmes of assistance in order to finance their education for 2017/18. This represents a noticeable increase of over 14% more than the previous year. See table 1.5 and Figure 1.5 for details. 64  Table 1.4:  Total Welfare Grant Assistance  by Faculty 2011/12 – 2017/18  YEAR  COBAM  FENC  FOBE  COHS &  JCMOHVS   FOSS  FELS  FOL  TOTAL  Value $$  2011/12  249  137  75  195  0  101  24  781  15,410,238.00  2012/13  187  85  52  152  0  51  25  552  11,622,208.00  2013/14  181  89  47  164  64  88  20  653  14,027,163.96  2014/15  199  188  53  346  130  128  28  1072  12,919,670.10  2015/16  219  150  58  480  126  81  34  1148       10,103,876.00   2016/17  252  135  45  489  103  116  21  1161  13,329,773.25  2017/18  608  273  98  805  151  242  35  2212  23,805,052.19  TOTAL  1895  1057  428  2631  574  807  187  7579  101,217,981.50  SUMMARY OF OPERATIONS The six (6) year analysis from 2012/13 to 2016/17 indicates that the funding by the University and its external partners for student support services played a significant role in the success of the academic enterprise; and specifically served to improve the quality of student life on campus. Funding levels have remain d relatively constant over this period; with slight fluctuations in the level of support provided from a low of $1.42 Billion in the current year to a high of 1.68 Billion in 2014/15. For the 2017/18 fisca year, the total value of the Student Financial Support Services provided through the Department of Student Financing was over $1.42 Billion Dollars ($ 1,573,545,905.00 ); in the form of scholarship, sponsorship and welfare support services. Overall, a total of 7,779 students relied on one or more