Friday, October 16, 2020

Drop in community college enrollment and lower occupancy of university dorms fueling $69M deficit at Connecticut’s state colleges and universities - AMANDA BLANCO, HARTFORD COURAN

 Connecticut’s regional universities and community colleges are projecting a pandemic-driven budget deficit of $69 million in the current fiscal year, higher than what had been anticipated when the year began July 1 but lower than a $91 million shortfall forecast last month. Mark Ojakian, president of the Connecticut State Collges and Universities system, wrote to Gov. Ned Lamont Monday requesting about $70 million in aid from the state and describing the system’s financial situation as “dire.”

https://www.courant.com/news/connecticut/hc-news-connecticut-cscu-budget-update-20201007-puyve3nuefdq7bn6enyvyh3rvi-story.html