Lawrence, KS – The officials have reported that the future federal aid played a key role in the decision against implementing the policy.
While KU won’t implement the KBOR policy, the financial struggles from the pandemic and before are not gone
KU had a structural deficit of $50 million as evidence of existing financial struggles.
KU’s recent budget cuts are expected to reduce the structural deficit by half in the coming year.
The expected emergency aid funds from the federal government coupled with the reduction of the structural deficit through budget cuts led to the decision to reject the KBOR policy.