Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 

VUWSA down and out on $1.3 million

VUWSA down and out on $1.3 million
3 November 2005

Despite putting out the begging bowl to cover costs of its recent Salient legal action, Victoria University Students Association (VUWSA) is a very wealthy incorporated society which this year took over $1.3 million in compulsory fees from Victoria University students, Student Choice said today.

In 2006 VUWSA will receive another $1.3m in compulsory levies from Victoria students. Every Victoria student must pay money to the association before they can study.

VUWSA's latest accounts (2004) show the association had a surplus of $296,171, assets of $808,975, and equity of $665,300. In 2004 VUWSA had nett fee income of $1,279,603.

Student Choice spokesman Glenn Peoples said VUWSA's strong financial position means it doesn't need donations. "The association could easily apply for a short term loan based on its equity or the guaranteed $1.3m it will receive early next year," he said.

Peoples said it was ironic that VUWSA was appealing for voluntary donations. If VUWSA is confident it provides students with value for money, it could extend its new-found donation principle and ask individual students if they would voluntarily pay the VUWSA levy.

Student Choice supports voluntary membership of student associations on the grounds of freedom of association.

ENDS

© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 


Howard Davis: Joel Coen's Monochromatic Macbeth

The Bard of Avon may well be smirking up the sleeves of his lace doublet at the irony of Will Smith's Oscar debacle, but now that the initial furore has dissipated, it's worth revisiting the movie for which Denzel Washington was also nominated. More>>

Howard Davis: Kenneth Branagh’s Black & White Belfast

Branagh has assembled a wonderful cast, including Ciarán Hinds, a gently formidable actor who well deserves his Oscar nomination, and Judi Dench, who steals every scene she’s in. More>>


Howard Davis: Dennis Villeneuve’s Dune - A Brief History

So many elements of Herbert’s novel have since become tropes of popular SciFi that Villeneuve’s film sometimes seems deceptively derivative. What makes all this nonsense essential viewing is his astonishing visual sensibility. More>>


Howard Davis: Jill Trevelyan's Rita Angus

Although Angus has become one of Aotearoa’s best-loved painters, the story of her life remained little known and poorly understood before Jill Trevelyan's acclaimed and revelatory biography, which has been republished by Te Papa press. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland