Michigan State Adapts 2020-21 Budget for Challenging Financial Times
June 27, 2020
June 27, 2020
EAST LANSING, Michigan, June 27 -- Michigan State University issued the following news release:
The Michigan State University Board of Trustees approved the budget development guidelines for the 2020-21 fiscal year, which begins July 1.
The guidelines include an overall reduction of approximately $52.6 million from the 2019-20 fiscal year. The university is planning for financial challenges as a result of the novel coronavirus pandemic including lower enrollment levels . . .
The Michigan State University Board of Trustees approved the budget development guidelines for the 2020-21 fiscal year, which begins July 1.
The guidelines include an overall reduction of approximately $52.6 million from the 2019-20 fiscal year. The university is planning for financial challenges as a result of the novel coronavirus pandemic including lower enrollment levels . . .