Athletics budget barely takes a hit
Posted on April 15, 2013 by Anna Chiu in Sports
While academics is shouldering a hefty 63.4 percent of the $5 million budget shortfall at USM, the Athletics Department will only see a cut of less than 2 percent in its operating budget. In addition, the recreation manager position has been eliminated and another position related to equipment management will see a reduction in pay. [...]
Faced with massive budget shortfall, colleges forced to make large cuts next year
Posted on February 20, 2012 by Noah Hurowitz in News
The University of Southern Maine’s three major colleges have three weeks to come up with about $1 million each in budget cuts for fiscal year 2013 as a result of a budget shortfall of over $5 million. USM President Selma Botman and Provost and Vice-President for Academic Affairs John Wright’s delivered the news to the faculty of the College of Arts, Humanities and Social Sciences on Friday in the Wiscamper Center.
With projected budget deficit, USM takes substantial steps to increase enrollment
Posted on December 03, 2011 by Paul Koenig in News
Faced with declining enrollment and a projected deficit at the end of the fiscal year in June, the university is taking steps to improve residential and overall enrollment in the coming years, including awarding nearly $100,000 in housing grants for the spring semester and providing an additional $1 million for student financial aid next fall. Director of Public Affairs Bob Caswell said the $1 million additional student financial aid would be on top of the roughly $7 million of university funds USM provides for financial aid to students each year…
