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Finance Minister Carole James announced today that the BC government will eliminate all interest on provincial student loans, effective immediately. The decision follows the lead from Manitoba, Newfoundland and Labrador, Prince Edward Island and Nova Scotia.

In an interview with The Ubyssey, VP External Relations Philip Steenkamp said the university is willing to contribute land, increase on-campus development charges, provide conventional financial funding or a mix of all three. Accordingly, it will not affect funding related to “UBC’s academic mission.”

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