The Faculty of Social Sciences at the University of the West Indies, Cave Hill, has been the hardest hit as Government cuts tuition fees for Barbadian students attending UWI.
After recording almost 2,000 applications last year, only about 812 residents have sought entry this year – a drop of almost 46 per cent.
The undergraduate programme for the Faculty of Humanities and Education has also been dealt a blow with a 53 per cent decline in applicants from the 253 received in 2013.
Law, Science and Technology and Medical students are down 23.2, 22.1 and 16.4 per cent respectively.
A copy of the application data, obtained by Barbados TODAY, shows that applications by Barbadians for undergraduate programmes are down 39 per cent across the board.
And a further decline is expected with only about 75 per cent of the applicants expected to accept the offer to study at UWI.
There is further bad news for the university as the number of students from overseas applying for its undergraduate programmes has been cut some 23 per cent.
And compounding the problem is a decline in graduate applications both locally (47.8) and overseas(36.5).