Sunday, December 22, 2013SLIPPERY ROCK, Pa. (AP) - Slippery Rock University is expecting a $10 million deficit for fiscal year 2014-15.
SRU President Cheryl Norton told trustees last week that the university is addressing the deficit through work force reductions, cuts in operating budgets and by increasing revenue.
SRU spokeswoman Rita Abent says that each division has been asked to cut costs by 9 percent. But some departments may only be able to cut 5 or 6 percent, and others may be able to cut more to compensate. Abent says the school will try to maintain a 20-1 student-to-faculty ratio.
Copyright 2013 The Associated Press.