Tuesday, July 12, 2016

NWOSU eliminates 14 positions, raises tuition due to funding cuts - Sally Asher, Enid News & Eagle

Funding cuts and operating expenses mixed to create a difficult budget for Northwestern Oklahoma State University this year. The Oklahoma State Regents for Higher Education approved the 2017 fiscal year budget for NWOSU June 30. University budget writers had to deal with a 16.4 percent cut in state appropriations, which translates into a $1.6 million shortage in funding, according to a press release from NWOSU; the university also faces an increase in health insurance premiums for employees, and new federal Fair Labor Standards Act regulations. NWOSU has a $25.8 million budget for education and general expenses, said Steven Valencia, associate vice president for university relations; the budget is reduced $65,688 from last year. Janet Cunningham, NWOSU president, said the situation was “almost a perfect storm.” http://www.enidnews.com/news/nwosu-eliminates-positions-raises-tuition-due-to-funding-cuts/article_e872195c-43a9-11e6-b653-ffa860a5db25.html

No comments:

Post a Comment