Lincoln University is regularly overlooked by federal officials and state lawmakers, facing budget cuts year after year and chopping faculty and programs as a result.
For the 2017-2018 academic year, the university stands to lose $3.8 million in state and federal appropriations, according to Lincoln University figures.
To meet the deficit, the university will terminate 48 staff and faculty positions by the end of June and cut all employee pay by 0.5 percent, the first across-the-board pay cut ever imposed by the university.
On average, Lincoln’s budget has hovered around $50 million annually. Counting tuition, housing and other revenue streams, Lincoln generates around $13 million each year. The remaining $37 million must be made up with state and federal funding, according to independent auditor reports.
Lincoln has settled on a $33.5 million budget for the next academic year. Yet, despite all the financial shuffling, the school will still be about $1.8 million short, Provost Debra Greene told faculty and staff in early May.
To help bridge the gap, the school will increase undergraduate and graduate tuition by 2 percent, former Lincoln President Kevin Rome told the Lincoln community in mid-May.
Read more: Columbia Missourian