Administrators announce details of budget shortfall

By: Taylor Fulkerson & Justin Worthing ~Managing Editor & Staff Writer~ University administrators announced the size of the fall’s pending budget shortfall and the strategies employed to ameliorate it this week. According to a letter from President, Fr. Michael Graham, S.J., addressed to “the Campus Community,” there is a potential budget shortfall of approximately $8 million for this fiscal year. Graham’s letter, published on Oct. 23, addressed concerns over the shortfall. The amount of the potential shortfall “was determined by using our known enrollment/net tuition results to-date and forecasting the spring semester and upcoming summer period from the existing results,” … Continue reading Administrators announce details of budget shortfall