The state's 12 public four-year universities and 22 public two-year colleges, which collectively enrolled 156,000 students in the fall, are among the dozens of state-funded entities hit by an expected shortfall to the state's fiscal 2020 budget. The shortfall is the result of a contracted economy and delayed tax deadlines related to the pandemic. The loss in state funding comes as colleges and universities across the nation grapple with financial repercussions from the outbreak. In total, four-year public universities in Arkansas are facing projected losses in state student support that amount to $23,312,424,
https://www.arkansasonline.com/news/2020/apr/02/universities-trim-budgets-as-virus-affe/