University of New Brunswick
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
71%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 71 cents are available for programs.
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OVERVIEW
About University of New Brunswick:
The University of New Brunswick is a 4-star charity. It has above average disclosure with an A results reporting grade. It holds reserves within Ci’s reasonable range. For every dollar donated to the University of New Brunswick, 71 cents are available to go to the cause.
A Charity Intelligence 2025 Top 100 Rated Charity.
Founded in 1785, the University of New Brunswick (UNB) is one of North America's oldest public universities. It operates two campuses: one in Fredericton and one in Saint John. Across both, 14 faculties offer undergraduate and graduate programs in more than 100 areas of study.
In Fall 2025, UNB enrolled 10,633 students, with 8,250 in Fredericton and 2,383 in Saint John. Of these, 8,933 were undergraduates and 1,700 were graduate students. The university awarded 2,517 degrees in F2025 and reports a student-to-faculty ratio of 15:1.
In F2025, 6,554 students participated in experiential learning, completing 18,368 unique experiences across a range of formats including co-op placements, internships, capstone projects, and lab work. Strategic partners provided 413 such opportunities. The university also loaned equipment to 2,465 students and faculty, including 234 term-long laptop loans.
UNB has a growing online presence. Online registrations rose from 10,528 in 2024 to 12,044 in 2025. Enrolment in non-credit executive education and professional development programs grew from 5,664 to 6,137 over the same period.
UNB students are also active globally. In F2025, 45 outbound students studied at 16 partner universities across 11 countries.
UNB conducts research across four strategic themes: Building Energy Systems for the Future; Ensuring Safe and Sustainable Water; Building Healthy Communities; and Building Secure Communities. Between F2020 and F2024, these themes attracted a combined 397 researchers, 1,077 projects, and $98.3m in research funding. In F2025, UNB held 1,781 active research accounts. Grants and contracts grew 8% since F2020, with 1,573 grants and internally restricted research awards and 208 contracts active during the year. The university had 938 research-based graduate students, including 412 doctoral and 526 master's students.
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Results and Impact
UNB’s F2025 retention rate, the share of first-year students who return for a second year, was 82.7%, with domestic and international students at 82.3% and 87.2% respectively. Its seven-year graduation rate, measuring the share of students who complete a degree within seven years of starting, stood at 58.9% for domestic and 58.6% for international.
Since F2020, 83% of newly hired research faculty secured funding within their first five years.
A 2020 report by Emsi, a labour market analytics firm, estimated that student spending added $45.9m in income to the New Brunswick economy in F2019, of which $13.9m came from international students. Research spending contributed a further $43.6m. Former UNB students employed in the provincial workforce added $1.4 billion in income in the same year. For every dollar invested in UNB, New Brunswickers are projected to receive $6 in return. Students can expect $2.50 in higher lifetime earnings for every dollar invested in their education, at an average annual rate of return of 15.6%.
UNB placed in the 601-800 range in the Times Higher Education World University Rankings and 472nd in the QS Sustainability Rankings. In subject rankings, it ranked in the 651-700 range globally in Computer Science and Information Systems and in the 351-400 range in Agriculture and Forestry. It ranked 13th among Canadian universities for engineering.
While Ci highlights these key results, they may not be a complete representation of the University of New Brunswick’s results and impact. UNB is not yet rated on impact (n/r). This does not affect its star rating.
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Finances
In F2025, UNB earned $433.9m in revenue. It received $25.1m in donations (6% of total revenue), $202.8m in government funding (47% of total revenue), and $151.0m in student fees (35% of total revenue).
Administrative costs are 10% of revenues (less investment income). Fundraising costs are 19% of donations. Total overhead is 29%. For every dollar donated, 71 cents are available for programs. This is within Ci's reasonable range.
In F2025, UNB spent $321.5m on programs, or 74% of total revenue. It recorded a $66.3m surplus and spent $48.9m on capital projects.
UNB has $557.7m in net reserves. This includes $599.0m in cash and investments, less $41.3m in interest-bearing debt. Of this, $276.5m is donor endowed. Excluding donor-endowed funds, UNB could cover 91% or just under 11 months of annual program costs.
This charity update has been sent to UNB for review. Changes and edits may be forthcoming. Updated by Nick Reszetnik on June 18, 2026.
Financial Review
Fiscal year ending April
|
2025 | 2024 | 2023 |
|---|---|---|---|
| Administrative costs as % of revenues | 10.2% | 9.7% | 9.1% |
| Fundraising costs as % of donations | 19.2% | 11.3% | 19.2% |
| Total overhead spending | 29.4% | 20.9% | 28.4% |
| Program cost coverage (%) | 91.4% | 90.4% | 108.6% |
Summary Financial StatementsAll figures in $000s |
2025 | 2024 | 2023 |
|---|---|---|---|
| Donations | 25,099 | 35,121 | 18,826 |
| Government funding | 202,788 | 196,150 | 189,578 |
| Fees for service | 150,952 | 145,856 | 128,257 |
| Business activities (net) | 4,144 | 3,586 | 2,909 |
| Investment income | 30,164 | 25,448 | 22,926 |
| Other income | 20,734 | (3,113) | (186) |
| Total revenues | 433,881 | 403,048 | 362,310 |
| Program costs | 321,528 | 314,266 | 287,364 |
| Administrative costs | 41,270 | 36,495 | 31,019 |
| Fundraising costs | 4,821 | 3,951 | 3,619 |
| Total spending | 367,619 | 354,712 | 322,002 |
| Cash flow from operations | 66,262 | 48,336 | 40,308 |
| Capital spending | 48,947 | 50,914 | 32,403 |
| Funding reserves | 557,718 | 532,218 | 523,718 |
Note: 1. DONATIONS: Ci included donations to the charity’s endowment fund and capital campaign. This increased donations by $23.1m in F2025, $31.8m in F2024, and $12.4m in F2023. 2. ACTIVITY BASED COSTING: The charity does not report fundraising costs on its audited financial statements. Ci took fundraising costs from the charity’s T3010 filings. 3. BUSINESS ACTIVITIES: Ci reported ancillary revenues net of expenses, reducing both revenues and expenses by $18.6m in F2025, $18.2m in F2024, and $14.9m in F2023. 4. DEFERRED CONTRIBUTIONS: Ci adjusted for deferred contributions and received capital contributions, affecting total revenues by $20.7m in F2025, ($3.1m) in F2024, and ($186k) in F2023. Deferred contributions were included in other revenue because Ci could not break out changes in government vs. non-government deferred contributions.
Salary Information
$350k + |
1 |
$300k - $350k |
3 |
$250k - $300k |
6 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2025
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Comments & Contact
Comments added by the Charity:
Charity Contact
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