UConn faces budget deficit; tuition hike, aid cuts possible

Stefanie Botelho's picture
Thursday, March 27, 2014

The University of Connecticut is facing a $46.2 million budget deficit for the fiscal year that begins July 1 — a 4 percent shortfall in the funding needed to continue existing programs.

Further tuition increases, cuts to research funding, scaling back financial aid and stalling faculty hiring have not been ruled out to close the gap, a university spokeswoman said.

"This is a particularly hard year," UConn spokeswoman Stephanie Reitz said during an interview on the looming fiscal challenges facing the state's flagship public university. "This one is more challenging for sure."

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