Monday, January 26, 2015

University of Maine plans no layoffs for budget cuts - NOEL K. GALLAGHER, Portland Press Herald

University of Maine officials said Wednesday that they expect to cut $8.5 million from the school’s $242 million budget the year ending June 2016 without layoffs or eliminating any academic programs. The latest budget proposal would cut $3 million from academic affairs, but it also includes $1 million to hire new faculty in key areas. Other major cuts would include $1.1 million in administration and finance and $450,000 from the president’s office. Despite the deficit, Orono officials noted that enrollment and credit hours are up this year, boosting tuition revenue, particularly from out-of-state students who pay nearly three times the in-state rate and now make up 26 percent of all undergraduate students. Out-of-state students made up 37 percent of last fall’s freshman class, up from 21 percent in 2010. http://www.pressherald.com/2015/01/15/university-of-maine-plans-no-layoffs-for-budget-cuts/

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