|news & events | for media | about us | la louisiane | faculty assistance | logos & licensing|
|Contact: Christine Payton||Jan. 8, 2009|
|(337) 482-6397, email@example.com|
|UNIVERSITY SUBMITS PLAN FOR BUDGET CUTS
| The University of Louisiana at Lafayette has submitted its plan for how it will deal with a state-mandated budget cut of $4,320,845.
“ In making budget adjustments, the top priority is to protect the university’s core mission of academics and academic services that benefit students,” said UL Lafayette President Dr. Joseph Savoie.
“ We exist to provide quality higher education opportunities to students, and therefore, budget reductions at UL Lafayette will not affect the quality of our academic offerings. We are protecting the core functions of the university.”
UL Lafayette must reduce its budget by $4.3 million due to a drop in state funding caused by plummeting oil revenues. University officials predict more cost cutting measures will be needed next year since state officials have projected a statewide shortfall of $2 billion.
UL Lafayette targeted budget reductions so as not to affect academic quality.
The largest reduction in budgeted expenditures will be in deferred maintenance and major repairs – $3.2 million.
The university is also reducing funding to information technology initiatives and various outreach services, such as economic development initiatives. Among the centers affected are the Louisiana Immersive Technologies Enterprise and the Picard Center for Child Development. University funds to those centers will be reduced by 4.62 percent of their entire state general funds appropriation. Also being cut by 4.62 percent is university support for athletics.
Travel is being reduced by $200,000, while supplies will be trimmed by $100,000.
Collectively, these actions will reduce the university’s current year expenditures by the targeted $4,320,845, or 4.62 percent.
“We are committed to making this university better for our students and our region. Given these difficult economic times, we will make the tough decisions needed for the University of Louisiana at Lafayette to continue to make progress,” Savoie said.
About UL Lafayette
The University of Louisiana at Lafayette is the second largest university in the state, with over 16,000 students. It ’s a public institution that awards bachelor’s, master’s and doctoral degrees. It includes diverse offerings from the humanities to scientific research and leads the nation in areas like computer science, biology and nursing. Its student-athletes – Louisiana’s Ragin’ Cajuns – compete in NCAA Division I, the highest level of collegiate competition.
Document last revised Thursday, January 8, 2009 8:51 AM
© Copyright 2003 by the University of Louisiana at Lafayette
Public Relations and News Services · Martin Hall Room 319
Post Office Box 41009, Lafayette LA 70504-1009, USA
337/482-6397 · 337/482-5908 (fax) · firstname.lastname@example.org