Faculty tuition concession and healthcare benefits will face significant cuts taking effect July 1 due to a growing deficit in the university’s fringe benefit budget, according to faculty members familiar with the situation.
After the discovery of the budget deficit — estimated to be $700,000 this year — administrators met to compile different ways in which the university could scale back faculty employment benefits to make up for the deficit. Several options were then presented to the Faculty Senate, which was given instructions to select a package of cuts, according to members of the body.
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