BATON ROUGE – Today the Board of Regents announced a $30.1 million restoration of cuts for the University of Louisiana System. Applying that figure to the original $67 million cut projection means the UL System now has a budget cut of $36.9 million for FY 2009-10. That is in addition to a mid-year cut, bringing the total UL System funding reduction over last year to $56.5 million.
“Given where we were three weeks ago, this is a positive step and lessens the severity of the impacts on our campuses. However, these are still significant reductions in funding over the previous year. We will have definitive impacts once the campuses have time to adjust their plans,” said UL System President Randy Moffett.
The distribution of the $36.9 million cut is listed below by campus.
-Grambling State University: $2,755,720
-Louisiana Tech University: $4,535,754
-McNeese State University: $3,723,587
-Nicholls State University: $2,969,779
-Northwestern State University: $4,012,786
-Southeastern Louisiana University: $6,672,756
-University of Louisiana at Lafayette: $7,508,762
-University of Louisiana at Monroe: $4,522,392
“I am confident we can make it through these unchartered waters because we have great campus leaders, staff and board members. If we function as a system and not as eight individual schools, we will make it through this process a more efficient enterprise,” said UL System President Randy Moffett.