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Re: Cost Model for Medical School



Dear all
        I attended the session yesterday. 

It is clear the province - and in particular Indigenous communities - desperately need suitable primary medical care. It's also clear that appropriately trained doctors are a key component of the solution. The proposed medical school may help be part of the solution.

From Oliver's message and the Senate meeting, the cost *per student* is 200K per year. I did not get from the session yesterday enough information about who is paying for this. Certainly the province will contribute. But how much, per student, per year? Put another way - what is the tuition we're going to set for this program, to cover 200K per year? This is a very important fact, which we don't have. 

I personally feel that it's critical that we train students from First Nations communities without requiring them to pay huge amounts of tuition. I believe we have a responsibility to not participate in exploitative practices, particularly when it comes to issues as important as medical training. So we should really be pushing for clear costing numbers.

I found the format of the session difficult - it wasn't widely advertised, the timing of the advertising (in the midst of reading break?) was not optimal, and I found it hard to ask questions. [I am also getting on in years, which may explain it.]

thanks
Nilima

On Thu, Mar 2, 2023 at 3:55 PM Oliver Schulte <oschulte@cs.sfu.ca> wrote:
Hi all, 

today SFU is starting a series of consultations about the Medical School. This is likely the biggest initiative in the works at SFU, and I can understand the excitement. However, I would like to share a concern I have about the budget model for the Medical School. Basically, do the numbers add up? I did a rough estimate based on the information from the December Senate minutes  (p.6) and I'm getting a deficit of $24M per year. Is there some further information that has not been shared in Senate?

If anyone is attending the consultation meeting today, I would be curious if they could ask about the budget model. I would attend myself but the eventbrite page says "This information session and discussion is now at capacity." Which seems strange for an on-line session actually.

Next the numbers I'm using, see spreadsheet.

  • Cost per student per year: $200,000 (from KPMG report). 
  • Number of students: 480 (the March senate meeting gave a figure of 100-120 new students per year)
  • total cost per year: $96M
On the income side:

  • total grant per year: $60M (I assume this is what "costing" refers to)
  • yearly tuition per student: $25K .
    My own estimate, this is high if we want to ensure access.
  • total income per year: $72M
So the total deficit is $24M . 

The minutes also mention $200M per infrastructure. I hope this will cover the costs of building the facilities but presumably cannot be used for operating expenses.

Regards,


--

Oliver
--------------------------------------------------------------------------------------------------
Oliver Schulte E-mail: oschulte@cs.sfu.ca
Simon Fraser University Phone: (778) 782-3390
Professor Fax: (778) 782-3045
School of Computing Science Web: http://www.cs.sfu.ca/~oschulte
TASC 1 Building 9021 Work Schedule: see home page
Burnaby, B.C. V5A 1S6
Canada


--
 Nilima Nigam
Professor
Dept. of Mathematics
Simon Fraser University