July 17, 2020
Fiscal Year 21 University Budget Update
July 17, 2020 - The economic impact of COVID-19 has been severe and far reaching. As a result, the State of Colorado’s ability to invest in public higher education, and specifically in UNC, has been significantly impacted. The university’s provisional budget for FY 21, shared in our June Board of Trustees meeting, projected a revenue shortfall of $24 million due to this substantial decrease in state support coupled with declines in enrollment and housing and dining contracts due largely to COVID-19.