President John L. Crain says the university has increased admission standards multiple times in recent years, and standards will go up again this fall. "We believe these higher standards, in conjunction with the significant increases in tuition over the last several years, are largely responsible for the projected enrollment decrease," he said. "While the $13 million budget reduction for the new fiscal year is significant, the true magnitude is more apparent when the cumulative amount of reduction in state funds is considered," Crain said in a message to faculty and staff. "Since the beginning of the 2008-09 fiscal year, our state funds have been reduced by almost $40 million, essentially cutting our state funds in half." The university's operating budget this year totals $107.8 million. Although state approved tuition increases allowed under the LA GRAD Act have increased self-generated revenue to $67 million of the school's budget, tuition increases have not kept pace with the decrease in state support.
http://www.amitetoday.com/view/full_story/19530765/article-Southeastern-s--13-million-budget-cuts-affect-116-positions?instance=secondary_stories_left_column
