Saturday, October 18, 2014

VSU informs faculty and staff on budget shortfall - Amir Vera, Progress-Index

Concerned faculty and staff filled the room of Virginia State University’s Virginia Hall Thursday for a question and answer forum with university officials on budget shortfall that has resulted in nearly $18 million in cuts. “There have been a lot of questions about the budget shortfall, how we got into this situation, what we’re doing to try to get out and our plan to move forward,” said Tom Reed, director of university relations. According to a frequently asked questions handout put together by the VSU administration, changes in federal law grants, loans and other financial and federal aid services have reduced the amount of funding available for students to $3.4 million. Once these funds were no longer available, the university experienced a significant decline in student enrollment. http://www.progress-index.com/article/20141011/NEWS/141019918