University of Nebraska faces financial challenges

University of Nebraska system looking to cut $20 million from its budget

LINCOLN, Neb. (KLKN) — University of Nebraska President Jeffrey Gold on Friday announced a systemwide budget cut. Due to proposed federal cuts and less state funding than requested, Gold said the system will need to cut well over $20 million from its budget to ease the financial pressure. “This will include anything and everything from elimination of low-enrollment programs, degrees,...

University of Nebraska will slash $20 million more from its budget this year

NU President Jeff Gold said a modest increase in state appropriations, unfunded tuition waivers mandated by the Legislature, and a loss of federal funds led to the cuts.

University of Nebraska faces financial challenges

Gold said a proposed federal cap on payments for facilities and administration could make maintaining research facilities and staff challenging.