The president of the University of New Hampshire warned again Tuesday that the state’s flagship university is facing financial challenges.UNH President Elizabeth Chilton said in her first state of the university address that the school is operating at a $15 million to $20 million deficit.She pointed to multiple factors straining UNH’s finances. While the school’s enrollment stayed consistent this year, the overall number of students has been falling for more than half a decade. That’s something being seen on college campuses across the country.Chilton said that from changing demographics to new administrations in Concord and Washington, it’s difficult to forecast the school’s exact funding needs for the coming fiscal year.>> Download the free WMUR app to get updates on the go: Apple | Google Play <<"Demographic declines and the questioning of the value of a college degree make our ability to do so challenging in the years ahead," Chilton said. "We anticipate, also, a reduction in the state appropriation, as New Hampshire grapples with its own budget deficit."Chilton said she's working to not cut coursework at the school or cost-of-living adjustments for faculty and staff. She said her primary focus is making more investments in building up enrollment.
The president of the University of New Hampshire warned again Tuesday that the state’s flagship university is facing financial challenges.
UNH President Elizabeth Chilton said in her first state of the university address that the school is operating at a $15 million to $20 million deficit.
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She pointed to multiple factors straining UNH’s finances. While the school’s enrollment stayed consistent this year, the overall number of students has been falling for more than half a decade. That’s something being seen on college campuses across the country.
Chilton said that from changing demographics to new administrations in Concord and Washington, it’s difficult to forecast the school’s exact funding needs for the coming fiscal year.
>> Download the free WMUR app to get updates on the go: Apple | Google Play <<
“Demographic declines and the questioning of the value of a college degree make our ability to do so challenging in the years ahead,” Chilton said. “We anticipate, also, a reduction in the state appropriation, as New Hampshire grapples with its own budget deficit.”
Chilton said she’s working to not cut coursework at the school or cost-of-living adjustments for faculty and staff. She said her primary focus is making more investments in building up enrollment.
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