Sunday, May 22, 2016

University of Missouri estimates show enrollment decline to cost campus $36 million - RUDI KELLER, Columbia Tribune

Enrollment at the University of Missouri is expected to decline by 2,600 students in the fall, aggravating a bad budget situation and making it likely the pain will extend for several years as the shrunken fall freshman class filters through to graduation. Vice Chancellor of Finance Rhonda Gibler, in an interview ahead of a campus budget forum Wednesday, said campus divisions have been told to plan for 2 percent cuts to general fund budgets for fiscal years 2018 and 2019 in addition to 5 percent cuts ordered for the year that begins July 1. “We won’t know for some time if 2 percent is a solid number,” Gibler said. “It is probably not; it will probably be something different from 2 percent.” The decline in tuition revenue is now estimated to be $36.3 million, up from about $20 million.

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