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Tag: Furloughs
COVID-19
Furloughs To End at University of Arizona After Recent CARES Act Funding
Furloughs will come to an end at University of Arizona, thanks to recent CARES Act funding, reports News 4 Tucson. Of the $115 million Arizona Gov. Doug Ducey designated to three Arizona universities, $46 million will go to University of Arizona. In April, the university released a furlough plan, affecting thousands of staff and faculty, […]
January 8, 2021
Students
UF Board of Trustees Votes to Implement Furloughs
University of Florida’s Board of Trustees unanimously passed an amendment on Tuesday to implement furloughs, leaving some faculty and staff feeling targeted while administrators’ pay remain untouched, The Alligator reported. The regulation makes the school able to institute furloughs, but administrators said there are no immediate plans to furlough anyone. During the meeting, faculty and […]
September 30, 2020
News Roundup
UMass Amherst to Furlough Nearly 850 Employees This Fall Due to Projected Budget Loss of $168.6 Million
The University of Massachusetts Amherst plans to indefinitely furlough “nearly 850” employees this fall due to a projected budget loss of $168.6 million due to the ongoing pandemic, the university announced Thursday, calling it “one of the greatest financial challenges in our 157-year history.” Among those most affected are dining hall workers and residence hall […]
August 31, 2020
COVID-19
Stanford Sees $267 Million ‘Negative Financial Impact’ From COVID-19 in March-August
Stanford University is forecasting a $267 million “negative financial impact” from COVID-19 for the March-August period, its president Marc Tessier-Lavigne wrote in a letter to the community. In the next fiscal year, he said “we expect our financial challenges to be as great or even greater,” as many income streams continue to diminish. “Housing revenue […]
May 28, 2020
HBCUs
Morehouse College to Cut Jobs, Salaries to Offset Budget Deficit
Morehouse College said in a statement on Monday that it will cut jobs and salaries, and implement furloughs to offset an anticipated fiscal year 2020-2021 budget deficit and to deal with the impact of the COVID-19 pandemic. The Atlanta institution, a historically Black college or university (HBCU), estimates a potential 25% decline in enrollment because […]
May 18, 2020
COVID-19
U of Alaska to Furlough All Senior Administrators, Including President, Chancellors
The beleaguered University of Alaska (UA) this week said it will furlough all of its top administrators, including the institution’s president, chancellors and deans, in the upcoming fiscal year, to deal with revenue loss due to the coronavirus pandemic, reported Alaska Public Radio. UA has also furloughed 120 lower-level employees. The university is already grappling […]
April 30, 2020
COVID-19
Washington University School of Medicine to Furlough 1,300 Employees
Washington University School of Medicine said it would furlough 1,300 employees and cut salaries of school leaders and some faculty in response to the financial stresses created by the coronavirus, including an operating loss of close to $60 million for the first month of the pandemic alone, reported KMOV4. The furlough is expected to continue […]
April 20, 2020
COVID-19
U of Arizona Projects $250 Million Loss, Will Implement Furloughs and Pay Cuts
The University of Arizona is projecting a $250 million loss due to coronavirus-related shutdowns and the long term impact of the pandemic, institution president Dr. Robert C. Robbins, told the Arizona Daily Star late last week, reported Tucson.com. Losses could touch as much as $500 million if students aren’t able to return to campus this […]
April 20, 2020
COVID-19
U of Michigan Faces Losses of $400 Million to $1 Billion Through Year End
The University of Michigan could face $400 million to $1 billion in losses through the end of 2020 due to the coronavirus pandemic, said its president, Dr. Mark S. Schlissel, in a letter to the community on Monday. He called these loss projections “our best estimate” for the university, including all three campuses and Michigan […]
April 20, 2020
Latest News
How to Get More Money for College
As a journalist who has covered college admission for many years, I’ve seen firsthand how students and families struggle to make sense of the financial aid award letters they get from colleges.
February 19, 2019
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