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Office of the President News: Budget

Budget Reset, Related Actions Will Secure Financial Future

President Michael Driscoll provides an update of the university’s budget status going into the next fiscal year and beyond.

Posted on 4/1/2016 3:50:55 PM

Budget Update: Uncertain Circumstances Delay Finalizing 2015–16 Fiscal Plans, Tuition Pilot

In a budget update to the IUP community that details the State System Board of Governors' vote to freeze tuition, President Michael Driscoll announces that IUP's Per-Credit Tuition Pilot program will be deferred for one year.

Posted on 4/17/2015 8:44:36 AM

President Outlines Multiyear Approach for Balancing IUP’s General Fund Budget

After consultation with the University Budget Advisory Committee, President Michael Driscoll provides an update on the university’s budget planning, including a proposed three-pronged approach for long-term financial stability.

Posted on 5/8/2014 1:54:30 PM

General Guidelines Related to Budget Reduction Efforts for Fiscal Year 2014–15

Planning for the most likely scenario for fiscal year 2014–15 shows a projected shortfall of $2.561 million IUP will use one-time central savings to cover $1.281 million, reducing the shortfall to $1.280 million. Permanent budget reductions totaling this amount must be identified within the next 60 days.

Posted on 3/5/2014 10:24:30 AM

2013–2014 IUP Operating Budget Is Balanced

Since my last update to you on August 5, we have adjusted the current fiscal year’s operating budget and are actively engaged in addressing budget challenges for future years.

Posted on 11/15/2013 10:36:42 AM

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