The Commission is responsible for preparing and administering the university education budget (which also includes the Maritime College of Forest Technology).
This includes calculating:
The MPHEC administers the university education budget throughout the year, including the Province's committed funds. This includes providing audited financial statements for the Province's university education funding.
The Commission provides support to the NB-MPHEC Finance Working Group.
The Commission flows federal funding to institutions for the Canada/New Brunswick Official Languages in Education Agreement.