CHAPEL HILL – The University of North Carolina’s five-year Strategic Plan took a big hit with the approval of this year’s budget by the N.C. Legislature.
However, System President Tom Ross says the way in which the cuts were handed out will allow the individual campuses to protect its most vulnerable areas.
North Carolina saw a permanent funding reduction of $115 million and a $64 million net funding reduction. The cuts also include the elimination of all funding for UNC’s School of Medicine, as President Ross announced $15 million was allocated last year.
President Ross says the fact that enrollment increases and building improvements were approved as well as tuition hikes for out-of-state students being confined to undergraduates all helped the budget struggle.
To read President Ross’ statement released on the budget, click here.