The university has received its budget for this fiscal year. However, unlike the two fiscal years before it, staggering financial cuts are all but absent. Instead of the projected $16-$19 million in losses, Southeastern has to cope with approximately $4 million in cuts this fiscal year.
“We dodged a big bullet in not having to reduce resources, mainly staff, that would affect student services,” said Vice President of Administration and Finance Stephen Smith. “Looking back six months ago, we’re grateful for where we are. We expected a more severe situation, but as the budget process continued things started to look ground.”
More information regarding the budget can be found in a message to the university from President Crain on the Office of the President’s Web site located at http://www.selu.edu/admin/president/messages/2011/071811.html.