The University of Waterloo is a public research university located in Ontario, Canada. It is funded primarily by the provincial government and operates as a non-profit institution. Both its undergraduate (UG) and Master of Business, Entrepreneurship, and Technology (MBET) programs fall under this public designation.
As a public university, Waterloo adheres to government regulations, offers subsidized tuition for domestic students, and emphasizes accessibility. Its funding structure, governance, and academic programs align with public institutions, distinguishing it from private universities, which rely on endowments and higher tuition fees.