Financial statements turn out to be an unexpected plus in Law School’s coronavirus year

Financial statements turn out to be an unexpected plus in Law School’s coronavirus year

Lockdown, a forced rapid switch to online education and assessment. For the university as a whole, 2020 was a tough year. Yet for the Law School, there is a small ray of hope. When drawing up the financial statements, the financial damage turns out to be less than expected. In fact, there is a surplus of 173 thousand euros.

Image: maradon 333 / Shutterstock

The surplus is remarkable because the original annual budget already took into account a loss of over a million. That was even before the coronavirus reared its head.

While Tilburg Law School’s income declined because of the coronavirus, so did its expenses. Expenses, such as travel costs, declined significantly. And because of the emphasis on education and its digitalization, new research appointments were not forthcoming.

Moreover, student enrollments did not decline as much as expected, Vice-Dean for Education, Maurice Adams, informed the TLS School Council last week. “One surprise in particular was that the applications of international students did not decline. In fact, at Global Law, they actually increased dramatically.”

According to him, a factor in this may be that, as early as May, the marketing emphasized that education would be delivered online anyway, should it not be possible on campus.

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