UW will receive $1.6 million from the Ontario government to help pay for four "restructuring" projects, it was announced on Friday. The money is about half of what UW had requested under the provincial "transition assistance" program. Officials here are reasonably happy with the news, provost Dr. Alan George said: "Our top priority projects were the ones that were funded. . . . We received at least nominally our 'fair share'." The money comes as four grants: * $700,000 to help with the financial systems project -- the overhaul of the way UW keeps financial records and handles purchasing, receiving and other business activities. * $600,000 to support the "faculty and staff renewal", or early retirement, program. * $170,000 to "enhance" high-tech video classroom links among UW, the University of Guelph, and McMaster University. * $160,000 to help with energy conservation. Will Ferguson, the MPP for Kitchener, came to Waterloo Friday to announce the grants, as representative of the minister of colleges and universities. He told a small news conference that in the current hard economic times, the government wants to see institutions "serve more people with less", and these grants are designed to help make that possible. "Reshaping and restructuring our postsecondary institutions offers the best chance our colleges and universities have to play a key role in meeting our goals of social justice and economic renewal, while preserving and enhancing both quality and accessibility," a statement in Ferguson's name said. The $1.6 million coming to UW is a share of $22 million for the province's universities, which in turn is a share of the $160 million fund for public sector agencies announced as part of the provincial budget last January. Another $17 million is being handed out to community colleges for similar "restructuring" or "transition" projects -- things that will save money and make the institutions more effective in future years. There's been no decision on whether another round of transition grants will be made next year, Ferguson said Friday. At the news conference, the presidents of UW and Wilfrid Laurier University took the opportunity to tell Ferguson that they see the announcement as a good-news, bad- news story. The good news is that grants are welcome, and that the province has announced the level of its general operating grants to universities for three years ahead, so that institutions have some time to plan. The bad news is that the operating grants went up just 1 per cent this year, and will go up 2 per cent in 1992-93 and another 2 per cent in 1993-94. "We understand the problems the government faces," UW's Dr. Doug Wright said. "It's a very, very difficult time for everyone." Both Ferguson and the presidents also cited as good news the "consultative" process that was used to work out the details of the projects. Faculty, staff members and students were closely involved in preparing the universities' proposals for the money. "It's extremely encouraging to see our institutions work with us and with each other to get the most out of every dollar we invest in higher education," Ferguson's statement said. The transition grants can be expected to give some relief to UW's 1991-92 operating budget, which included some spending for the financial systems review and the early retirement program. Details haven't been settled yet.