Monday, December 22, 2014

Webster Provost offers explanation for budget shortfall - Gabe Burns, Webster University Journal

On Nov. 11, the university announced a projected $12.2 million shortfall for the Fiscal Year 15 (FY15). The university has hit its undergraduate goals for the fall semester and reduced the amount of discounted tuition by two percent. But Webster relies on the graduate program for 65 percent of its total revenue and the graduate school enrollment has dropped another 7.5 percent. The counseling program has seen the largest drop with a decrease of 13.3 percent. While other programs in the graduate school saw larger percentage drops none of those programs accounted for as many student as counseling. http://websterjournal.com/2014/12/10/provost-offers-explanation-for-budget-shortfall/