And Bathurst MP Paul Toole says the university has also assured him the vice chancellor's position will remain in Bathurst following CSU's search for a replacement for Professor Andrew Vann, who is currently on a six-month sabbatical but will not be returning to the job.

Mr Toole said the assurances, which have come after months of lobbying and several meetings with CSU, are an important step in "ensuring we have a sustainable university that will provide jobs for the future in regional communities".

Mr Toole put CSU on notice earlier this year that he would not tolerate seeing high-profile subjects moved from the Bathurst campus.

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His concerns followed revelations of CSU's worsening financial decline, from a positive result of $30 million in 2015 to a reported $80 million drop in revenue in 2020.

Mr Toole says he now has a writing guarantee the Bathurst campus will not be closed, relocated or downsized.

"This is some good news, but I'll be certainly keeping them to account regarding this commitment," he said.

"The university states the board is committed to its current campus in Bathurst and to ensuring it has a sustainable and vibrant future."

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Mr Toole said he had also met with Tertiary Education Minister Geoff Lee who has requested additional Commonwealth Grant Scheme (CGS) funding for places in regional NSW.

"This will help ensure a significant number of school leavers and those put out of the workforce due to COVID-19 can become skilled graduates," he said.

"Early indicators from the NSW University Admissions Centre show demand for domestic undergraduate university places will increase in 2021. This is consistent with previous periods of economic uncertainty, when people seek to upskill or change skills for new job areas."

"Regional universities play a vital economic and social role in their communities."

Mr Toole said the recent announcement by the NSW Government of a cyber-security hub at Spatial Services in Bathurst also has the potential to open up new avenues for CSU to tap into.

"There is an opportunity for CSU to offer cyber-security courses, thus allowing the University to help create a workforce for the future, right here in Bathurst," he said.

"I'll be keeping a close watch over the management of CSU and ensure they deliver for our community and honour their commitments."