University of Providence in Great Falls declares financial exigency

University of Providence in Great Falls declares financial exigency

The University of Providence in Great Falls has declared financial exigency an urgent financial need as the school prepares for the end of an $8 million annual sponsorship from Providence Health in December 2027."We know that the system, the health care system, Providence Health will stop subsidizing us in December 2027. So the hope is that by our budget of 27-28, we would be at a zero balance or close to so that we would not generate debt. Righ…