Tuesday, February 17, 2009

Santa Clara University Is Cutting Back Its Budget

Santa Clara University said Friday it will take several measures to reduce spending, address the cost of attendance, and increase student financial aid to help the school and its students weather the economic recession.

The measures include:

  • A tuition and room and board increase of 3 percent; the lowest percentage increase in 25 years;
  • No salary increases for faculty and staff with two exceptions -- promotions in rank for faculty and required increases for certain contracted employees);
  • An increase in funding for student financial aid;
  • A reduction in targeted departmental operating expenses of $2 million;
  • A position management system to review each vacant position for its strategic importance.
Link (here)

No comments: