UNM West struggles to turn a profit, hopes for help from AIMS rent

Tim Goral's picture
Monday, April 14, 2014

The University of New Mexico campus in Rio Rancho has not yet made a profit and faces an even larger deficit next school year, with a loss of funding from the main campus and expenses that continue to exceed revenues.

Albuquerque Institute for Mathematics and Science charter school would likely rent classroom space if it expands to the UNM West campus, but the proposal has sparked controversy and the university has not said how it would allocate those funds.

“UNM West will operate on the revenue it generates,” said a report that CEO Wynn Goering helped present to the UNM Regents last month. “We do not want to divert resources from main campus activities to somehow ‘subsidize’ programs in Rio Rancho.”

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