Sheridan Student Union (SSU) is a non-profit organization led by students to provide services and support to enhance the student experience.

We are excited to share that in 2024-25, from the Student Experience fee collected, we have been working hard to create programs, events, clubs, and employment opportunities for our students. We are also involved in student advocacy support, and provide legal support, food and beverage, food bank, and other services aimed at enriching their lives here at Sheridan College.

From the Building and Capital Fee collected, we are able to invest in capital improvements across our three campuses; updating our spaces, fostering innovation, and creating inspiring environments for students.

The Health and Dental Fees collected allow us to provide health and dental insurance benefits to our domestic students, as well as fund Empower Me, a program that provides students with mental health and wellness support.

 Revenue

Our revenue composition remained relatively consistent, with 88% generated from student fees (including health and dental plan fee) and the remaining 12% derived from interest income, food and beverage operations, event ticket sales, and other sources.

Expenditures

We also increased spending on student activities to further enhance the Sheridan student experience through events, clubs, student advocacy, the Empower Me program, the food bank, and other initiatives. In addition, the SSU made contributions to Sheridan College to support student scholarships, bursaries, and collaborative projects that benefit our student community.

Cash and Reserves

The audited financial statements available here provide insight into the year-over-year position of SSU’s cash and fiscal reserves. Reserves are funds SSU intentionally sets aside to stay financially stable and ready for the future. Think of them like savings — they help us handle unexpected costs, support new projects, and keep student services running smoothly.

Our three main reserve funds — the Building and Capital Fund, Operating Fund, and Health and Dental Fund — each have a specific purpose. They help us save for future renovations and projects, cover day-to-day operations or emergencies, and keep your health and dental plan stable.  

Recent surpluses have strengthened SSU’s reserves at a time when it is vital to build financial capacity to meet both current and future obligations. This is because we have current and future financial obligations to service and expand the three existing student centres during a period of financial uncertainty due to changing government policies.

While the Annual Impact Report primarily provides a high-level overview of SSU’s fiscal position, several noteworthy elements deserve mention. In 2024–25, revenues totalled $18,344,210, exceeding expenses of $13,847,022. This positive result enabled SSU to make significant contributions to its reserves.

Looking ahead…

With the goal of building equity in student experiences across our three campuses, SSU is proud of the many new capital initiatives in our short- and long-term capital plans, while adapting to ongoing changes in government policy.

INTERNATIONAL STUDENT CAP AND BILL 33

In January 2024, the Government of Canada announced a national cap on international student intake for 2024 and beyond. In addition, the Government of Ontario introduced Bill 33, The Supporting Children and Students Act, 2025, which would grant the province new authority to regulate student fees at colleges and universities. If passed, this legislation could pose significant risks to student unions. These policies have created major challenges not only for SSU but also for student unions across Canada, many of which rely primarily, or entirely, on student fee revenues. 

As an active member of the Canadian Alliance of Student Associations (CASA) and Ontario Student Voices (OSV), SSU continues to advocate on behalf of Sheridan students, ensuring their needs and perspectives are represented at both the provincial and national levels.

Marquee Refresh

The Marquee Refresh Project was successfully completed in April 2025 as part of our capital investment to modernize the Student Centre at the Trafalgar campus. We are thrilled with the project’s outcome and the positive feedback from students who are already enjoying the revitalized and more inviting spaces.

Phase 3 of the Marquee exterior upgrade will feature a new façade inspired by a water pattern that flows seamlessly with the surrounding creek and nature walk areas on the Sheridan campus. This phase is expected to be completed by the end of 2025. Additionally, the patio renovation, which will include pergola structures, enhanced seating, and lush plant landscaping, is scheduled for completion by 2026.

Food & Beverage

The SSU has partnered with Chartwells to deliver a state-of-the-art dining experience for students, with new food brands and concepts being introduced throughout the year. This partnership will also enable us to operate more efficiently and respond more effectively to a changing environment.

Planning For A New Build

The Sheridan Campus Master Plan has identified the Trafalgar and Davis Student Centres as nearing “end-of-life” in the coming years, meaning the buildings are aging and will soon need to be replaced.  In response, the SSU has developed a multi-year capital plan to guide its long-term vision for student spaces. This plan includes constructing a new Trafalgar Student Centre within the next few years, followed by the development of a new Davis Student Centre in the years to come.

As part of this process, the SSU is collaborating with Sheridan College to advance the new building initiative. A feasibility study is currently underway for the new Trafalgar Student Centre.

Our focus remains on enhancing your student experience across all three campuses. Thanks to our strong financial position, thoughtful long-term planning, and your continued support, we’re not just sustaining SSU — we’re building a stronger, more connected Sheridan community together.

Have questions about our budget or financial reports?

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