NKU Projects $1.9M Deficit in 2027 Amid Enrollment Declines, Proposed State Funding Cuts

NKU projects $1.9M deficit in 2027 amid enrollment declines, proposed state funding cuts

Students on the campus of Northern Kentucky University. (Photo provided by NKU)Northern Kentucky University is once again facing a tough road ahead regarding its budget. While NKU is projecting a positive surplus for fiscal year 2026, the fiscal year 2027 draft budget projects a $1.9 million deficit due to declining enrollment, potentially lower-than-anticipated state appropriations and planned raises.  The lower-than-anticipated state appropria…

NKU projects $1.9M deficit in 2027 amid enrollment declines

Northern Kentucky University is once again facing a tough road ahead regarding its budget. While NKU is projecting a positive surplus for fiscal year 2026, the fiscal year 2027 draft budget projects a $1.9 million deficit due to declining enrollment, potentially lower-than-anticipated state appropriations and planned raises. The lower-than-anticipated state appropriations come from House Bill 500 (the state’s budget bill), which poses $5 million…