More than a year ago, Stanley predicted MSU would lose hundreds of millions of dollars in revenues because of COVID-19 and he was right. According to Stanley, the university lost about $430 million in revenue during the pandemic, mostly through lost housing, athletics and other auxiliary revenues. A decline in international students unable to travel to campus amounted to another $50 million drop in general fund revenues. Federal COVID-19 relief funding, university reserves and additional cost-cutting covered the lost revenues, Stanley said.
