Hannibal-LaGrange University is facing what the Vice President for Academic Administration Robert J. Matz calls a “significant budget shortfall.” According to Transitional President Rodney A. Harrison, the school’s highest priority is an immediate debt reduction of $690,000. Harrison said the school must then raise $1.51 million by June 30 to get the school to the new academic year. According to Harrison, at the start of the new fiscal year in July, the school will implement its new budget, which Harrison said is balanced and achievable and will restore HLGU to strength.
https://www.wgem.com/2022/03/18/hlgu-faces-significant-budget-shortfall/