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Board of University of St. Martin Foundation (BUSMF) sticks to decision to close USM despite Government’s offer to “Save USM”.

December 12, 2017

Board of University of St. Martin Foundation (BUSMF) sticks to decision to close USM despite Government’s offer to “Save USM”.
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  1. Get sufficient funds (we offered what had been asked in the MOU and their regular subsidy never stopped)
  2. Get a structured increase (that was offered as well in the MOU)
  3. Guarantee the Higher Education Ordinance by June 2018 (we have it as priority in the MOU with a deadline of December 2018)

In conclusion, USM has decided to jeopardize the futures of all students currently unable to continue their studies or start in January and put the employment of their employees further at risk in order to prove that they are right and the government, which should have finalized legislation for Higher Education, caused their demise.
Government of St. Maarten stands firm in its resolve and commitment to assist USM to survive as it is the only opportunity for many for higher education on the island. Government pledges to continue to support and increase support to USM, however, in a transparent, efficient and effective manner where accountability is adhered to. Government is of the opinion that dialogue on this matter was prematurely cut off by USMF and hopes USMF rethinks its position and the weight of their decision to refuse government’s offer - unless they have a better offer which they have not enlightened us about.
For the record, USM did inform in writing that one of the six options available including filing for Moratorium was “Negotiating with the incoming coalition to restart USM ...” - this statement would require much explanation as that date is not yet known and the same Ministry and departments would have to advise the new Minister as well.
The general public and USMF is reminded that the land on which the University stands is leased land from Government and Government’s permission is needed to transfer such assets or take loans/mortgages on it. So any other plans would require transparency towards government.
USMF is also further reminded that as long as they continue to not hold classes that their current subsidy can be suspended or stopped according to the subsidy ordinance pending further agreements.
These are all scenarios government has avoided over the years including post-Irma in the interest of continuity of the institution and the important role it plays in the community. The USMF board should seriously consider the consequences of its actions to the students, staff, and community of St. Maarten.
USM has submitted a request on the afternoon of December 12th to meet with the Ministry of Education, Culture, Youth, and Sport where they plan to revisit and discuss the proposed MOU again. The meeting request has been honored and will take place on Wednesday, December 13th 2017.

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Press Release from the Ministry of ECYS

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Source: St. Martin News Network

http://www.smn-news.com/st-maarten-st-martin-news/27908-board-of-university-of-st-martin-foundation-busmf-sticks-to-decision-to-close-usm-despite-government-s-offer-to-save-usm.html

Source: https://www.sxm-talks.com/st-martin-news-network/board-of-university-of-st-martin-foundation-busmf-sticks-to-decision-to-close-usm-despite-governments-offer-to-save-usm/

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