{"id":230109,"date":"2025-03-22T12:42:24","date_gmt":"2025-03-22T16:42:24","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=230109"},"modified":"2025-03-22T12:42:25","modified_gmt":"2025-03-22T16:42:25","slug":"financial-win-uwi-five-islands-reports-35-operating-margin","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/financial-win-uwi-five-islands-reports-35-operating-margin\/","title":{"rendered":"UWI Five Islands Campus Turns A Profit"},"content":{"rendered":"
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The University of the West Indies (UWI<\/a><\/strong>) Five Islands Campus has reported a strong financial performance for the 2023\u20132024 academic year, achieving an impressive 35% operating margin\u2014a remarkable feat for a young institution in only its fifth year of operation.<\/p>\n\n\n\n

The figures were revealed during the annual Campus Council meeting, where Principal Professor Justin Robinson highlighted the campus\u2019s continued focus on financial sustainability alongside academic expansion.<\/p>

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\u201cIn 2023\u201324, we saw a 29.7% increase in tuition revenue and a 204% increase in research grant income,\u201d Robinson said. \u201cThis allowed us to end the year with a 35% operating margin, significantly surpassing the UWI <\/a><\/strong>target of 1%.\u201d<\/p>

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Robinson credited the disciplined approach to cost management, strategic programme development, and strong partnerships with government and private stakeholders. He also acknowledged the campus’s full-time bursar and finance team for keeping operations \u201cvery honest financially.\u201d<\/p>\n\n\n\n

The Five Islands Campus has rapidly grown from 176 students in 2019 to more than 1,100 today, and with half of all applicants still unable to enroll due to space or entry limitations, demand remains high.<\/p>

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The financial surplus comes as the campus embarks on a major expansion, including new infrastructure funded by an $80 million loan from the Saudi Development Fund. The development will support the university\u2019s plan to reach 5,000 students within the next decade.<\/p>\n\n\n\n

\u201cOur goal is to grow non-governmental revenue so that we can reduce our reliance on the state and still expand our impact,\u201d Robinson said. \u201cThis is a campus that is not just surviving\u2014it is thriving.\u201d<\/p>

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Vice-Chancellor Sir Hilary Beckles echoed this sentiment, describing the Five Islands Campus as \u201ca bright star in the UWI sky\u201d and a model of entrepreneurial education rooted in public service.<\/p>

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With continued growth in enrolment, academic offerings, and international partnerships, the campus is positioning itself not only as a regional educational hub but also as a financially resilient institution poised to lead.<\/p>\n\n\n\n

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CLICK HERE TO JOIN OUR WHAT\u2019S APP GROUP The University of the West Indies (UWI) Five Islands Campus has reported a strong financial performance for the 2023\u20132024 academic year, achieving an impressive 35% operating margin\u2014a remarkable feat for a young institution in only its fifth year of operation. The figures were revealed during the annual […]<\/p>\n","protected":false},"author":12,"featured_media":230113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-230109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nUWI Achieves Strong Financial Performance Milestone - Antigua News Room<\/title>\n<meta name=\"description\" content=\"Explore the impressive financial performance of UWI Five Islands Campus with a remarkable 35% operating margin this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/financial-win-uwi-five-islands-reports-35-operating-margin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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