Campus Times Online

LV must tighten its belt
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Posted Nov. 7, 2008
Lesley Michaels News/Web Editor The University of La Verne will see an overall budget shortfall of $1.7 million for the 2008-2009 academic year. According to President Stephen Morgan, the budget deficit can be attributed to the missed enrollment projection of the traditional undergraduate class. Despite these numbers, Morgan says that the school has overcome similar challenges in the past, and he maintains an optimistic stance for the future. In addition to the revenue lost from the 117 students that did not attend the main undergraduate university, room and board shortfalls contributed to the 1.61 percent deficit from the budget, Homa Shabahang, vice president of Enrollment Management, said. Read more

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