A budgetary deficit in the 2024 fiscal year will force all university divisions to reduce expenses by about 4%, according to a statement from Provost Mike Lewis provided to the University News on Sept. 18. This “moderate” budget deficit was expected, caused by a significant drop in new international student enrollment, increased gift-aid and high...| The University News
A budget deficit will force Saint Louis University (SLU) to cut $20 million in expenses in the 2024-25 fiscal year, a figure confirmed by Provost Mike Lewis in an interview with the University News. The university is pausing all non-essential hires, delaying a faculty merit raise and working on restructuring academic and administrative departments. University...| The University News