Sunday, May 14, 2017

WKU regents OK plan to cover shortfall - AARON MUDD, Daily News

Western Kentucky University’s Board of Regents approved a plan Friday to cover a $6.5 million tuition shortfall this year by drawing on reserved funding for the university’s divisions and other sources. The shortfall is driven largely by a loss of revenue from declining enrollment by international and non-traditional students who are 25 years old or older and typically enroll as part-time students. Most of the shortfall will be covered by $4,019,000 from the university divisions’ carry-forward money, which is extra money departments save to help cover new equipment purchases, professional development and other one-time expenses.

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