Home > News > Brief: Trustees considering 5 percent university-wide funding cut
By Joseph Lyell —
President Neeli Bendapudi said trustees are considering increasing tuition 4 percent and slashing spending 5 percent across all university departments.
The cuts, announced in an email blast, come after a year of financial hardships.
Kentucky’s 2018 budget cut appropriations for U of L by 6.25 percent. and pledged donations to the university’s endowment reached only 3,000 in the third quarter of 2018, compared to $2.5 million in the fourth quarter of 2015, before donations dropped.