The shut-downs, lost revenue and added costs of COVID-19 have created financial hardships for colleges and universities of all sizes and in every sector. Many institutions have announced cut-backs, while others are planning to do so in the weeks and months ahead. We began to scan for campus announcements and news coverage to see what action steps are being taken and how college leaders are talking about their financial planning. As we assembled these resources, we thought they might be of value to colleagues around the country who are wrestling with similar issues.
We do not claim this is a comprehensive list; please let us know if you’d like to add something or see information that needs to be updated or corrected.
Selected Overview Stories
Inside Higher Education, 5/21/2020 — Colleges Lower the Boom on Retirement Plans
Chronicle of Higher Education, 5/14/20 — We’re Tracking Employees Laid Off or Furloughed by Colleges
Wall Street Journal, 4/30/20 – Coronavirus Pushes Colleges to the Breaking Point, Forcing ‘Hard Choices’ About Education
ABC News, 4/28/2020 – Coronavirus pandemic brings staggering losses to colleges and universities
Wall Street Journal, 4/23/2020 — Public Colleges Lose State Funding, Effective Immediately
Washington Post, 4/23/2020 – Rising expenses, falling revenues, budget cuts: Universities face looming financial crisis
American Council on Education, 4/23/2020 – College and University Presidents Respond to COVID-19: April 2020 Survey; action steps include:
- ID efficiency & cost-control measures
- Freeze staff hiring
- Defer capital projects
- Freeze faculty hiring
- Faculty workload adjustments
- Laying off staff
- Merging or eliminating academic programs
- Declaring financial exigency
- Laying off faculty
Chronicle of Higher Ed, 4/20/2020 – View: Under Covid-19, University Budgets Like We’ve Never Seen Before
Chronicle of Higher Ed 4/18/20 – Major Cost-Cutting Begins in Response to Covid-19, With Faculty and Staff Furloughs and Pay Cuts
Inside Higher Ed, 4/10/2020 — Here Come the Furloughs
Institutional announcements:
Appalachian State – Athletics 20% budget cut (cut 3 sports, hiring freeze, schedule locally)
- 5/26/2020 — App State Athletics Announces Program Changes
- Winston-Salem Journal, 5/26/2020 — Appalachian State to cut men’s soccer, two other programs
Barnard College – leadership restructuring (3 VPs eliminated), FY21 president 20% and provost 15% pay cuts, staff furloughs, FY21 budget reductions, hiring freeze, no merit increases for all employees (except union contracts)
- 5/21/2020 — Financial Update and Next Steps
- 5/21/2020 — Financial Update FAQ
- 4/14/2020 – Community letter from Pres. Beilock
Baylor University – Hiring freeze, postpone merit increases until 1/21, reduce BU retirement contribution (10.8% to 8%), budget reductions, adjunct faculty & temp employee reduced, capital projects postponement
- 4/27/2020 – BU press release – Baylor University to Go Test-Optional for 2021 Freshman Admissions Cycle
- 4/14/2020 – President Linda Livingstone’s letter to faculty/staff – Baylor budget reductions related to COVID-19
- Texas Tribune 4/14/2020 – Baylor University announces up to $80 million in budget cuts in wake of coronavirus pandemic
Bentley University – President/provost donate 10% to student fund; reorganize classes to trimesters
- 4/28/2020 BU press release – Bentley Transitions to Trimesters to Give Students More Flexibility and for next year, student can take classes in all three trimesters but just pay for two
- 4/17/2020 BU message – President & Provost donate 10% of next year’s salary to assist students who lack critical resources.
Bob Jones University – staff furloughs
- WSPA-TV 4/8/2020 — Bob Jones University to begin furloughing staff April 13
Boise State University – furlough days, president 2 weeks unpaid time off
- Boise State furlough FAQs
- KTVB 4/21/2020 Boise State handing down furloughs after losing $10million
- Idaho Statesman 4/20/2020 – Boise State to furlough employees due to revenue losses from COVID-19 pandemic
Boston University – Hiring & pay freeze thru FY21 (except faculty promotions & bargained for), president & provost pay cut 20%, deans/VPs pay cut 10%, non-essential capital projects suspended
Bowdoin College – construction suspended, hiring freeze, president FY21 20% cut
- 5/15/2020 – An Update
- 4/30/2020 – An Update
- Bangor Daily News 5/19/2020 — Bowdoin College could lose $20 million next school year due to coronavirus
Bowling Green State University – President 15% pay cut, senior administrators 10% cut, athletics coaches & admins tiered furlough days, 100 employees laid off or not-renewed, baseball program eliminated, 5-25% budget reductions, travel & hiring freezes
- 5/15/2020 — BGSU Announces Athletics Restructuring
- Sentinel Tribune 4/16/2020 — BGSU looking to make $27 million in reductions
Brown University – hiring, salary freeze
- Brown: Changes to hiring and performance evaluations
- Brown Daily Herald 4/13/20 – Brown suspends new hiring for faculty, staff to mitigate financial consequences from COVID-19
- Brown Daily Herald 4/8/20 – University to enact salary, wage freezes for upcoming Fiscal Year 2021
Central Michigan University – tuition freeze, deferred payments, track & field program cut
- 5/19/2020 – CMU Athletics Announces Program Changes
- CMU: CMU trustees: ‘No undergrad tuition increase’
- Bridge (Mi.com) 4/24/2020 – Coronavirus guts Michigan college budgets. And it’s going to get worse
City University of New York – departments to reduce course offerings by 25%, adjunct terminations (Brooklyn College); non-reappointment of 400 one-semester adjuncts (John Jay)
- Chronicle of Higher Education, 6/2/2020 — 2,000 Instructors Tell Cuomo CUNY Must Be Protected From Budget Cuts
- New York Times, 5/26/2020 — View: The Backward Logic of Austerity Threatens America’s Most Vibrant Campus
- 5/8/2020 – memo from provost
College of New Jersey – hiring freeze, delayed construction, terminated student employees
- Inside Higher Ed 5/7/2020 — Pandemic in N.J. ‘Unlike Anything’ Before
Columbia University – hiring freeze
- 3/24/2020 – Hiring Freeze
Cornell University – hiring & salary freeze; salary reductions by administrators, faculty & staff; capital projects pause; furloughs
- 4/22/2020 — Update on COVID-19 Planning and Summer Programs
Dartmouth University – staff hiring freeze, wage freeze, spending reductions
Davidson College – tuition deferment
Drew University – Staff furloughs
- 4/5/2020 President’s video message
Duke University – suspend university FY21 retirement contributions, president 20%/3 execs 15%/300 highest paid 10% pay cuts, hiring freeze, no new non-salary expenditures, salary freeze more than $50,000 (less than receive one-time $1,000 payment), construction hold
- 5/13/2020 – President Price Announces New Steps to Secure Duke’s Financial Future
- 4/15/2020 – Price Creates Two Strategy Teams to Plan Post-crisis Agenda
- 4/8/2020 – President email Securing Our Financial Future
East Carolina University – suspending university travel, eliminating four sports, cutting vacant positions, reducing athlete summer school, suspending staff conferences, reducing athletics travel
- 5/21/2020 — ECU Athletics Announces Program Changes
- WECT 5/21/2020 — East Carolina cutting four athletics programs due to budget shortfall
Eastern Michigan University – 200 non-bargained-for staff furloughs (reduced to 3- or 4-day weeks & 40%/20% pay cuts) thru 8/1/2020; positions eliminated; Presidents, execs, AD & 3 coaches 7% pay cut; travel frozen; capital projects suspended; non-bargained-for staff salaries frozen
- 5/15/2020 – Budget Message
- 4/29/2020 – Budget Message
Elmira College (New York) – eliminate six academic programs and three sports (20% staff reduction)
- 6/5/2020 — Elmira College Announces Reductions, Program Changes
- 6/5/2020 — Elmira College Athletics Announces Program Changes
- Elmira Star Gazette 6/5/2020 — Elmira College announces deep academic cuts, eliminates three sports teams
Emory University – President/execs/deans 15% pay cut thru 2020, hiring freeze, suspension of merit raises through August 2021, capital projects delays, imposing zero-based budgeting, limiting discretionary spending, eliminating activities and expenses not critical to the core missions of education and research
- 5/19/2020 — Emory Updates on Fall Semester Status and Leadership Compensation
- Emory website list of reductions
- Atlanta Journal-Constitution 4/15/2020 — Emory freezes hiring, suspends merit raises as pandemic hits economy
Florida Institute of Technology – staff reductions & furloughs, employee early retirement offer, Center for Textile Arts permanent building closure, elimination of football program
- 5/11/2020 — COVID-19 Forces Florida Tech Staff and Program Reductions
- USA Today, 5/11/2020 — Florida Tech eliminates its football program amid coronavirus pandemic
Fort Lewis College – president 20% pay cut, hiring & travel freeze, spending reductions
- The Durango Herald, 5/18/2020 — Fort Lewis College president takes voluntary 20% pay cut
Furman University – president 20% pay cut, VPs/AD/2 coaches FY21 10% pay cut; furloughs (102 for 10 weeks, 763 (including 250 faculty) for two weeks in FY21); retirement contribution reduced 2.5 %; FY21 budgets cut 5.5%; baseball & men’s lacrosse discontinued; 45 athletics scholarships to be cut over five years; expense reduction; hiring & salary freeze; construction hold
- 5/18/2020 — Steps to address financial crisis, reopen in the fall
- Fox Carolina, 5/19/2020 — Furman University to furlough 865 employees, weighs the future of Latham Stadium
George Washington University – hiring, salary & capital projects freeze; paused strategic planning; spending reductions; president and senior leadership FY21 pay cut
- 5/11/2020 — Leadership Discusses COVID-19 Budget Impact with Faculty Senate
- 4/27/2020 — Planning for GW’s Future in a COVID-19 World
Georgetown University – suspend retirement contributions FY21, salary cuts volunteered by 54 leaders, voluntary furloughs or salary cuts, halt construction; hiring and salary freeze, reduce discretionary spending
- Washington Post, 5/13/2020 — Georgetown University announces budget cuts as it prepares for $50 million shortfall
- 5/12/2020 — Update on our Financial Response to COVID-19 – May 2020
- 4/7/2020 — Impacts of COVID-19 on the University Community
Hampshire College (Massachusetts) – president salary cut 50%, FY21 operating budget 10% cut, faculty tiered salary cuts, faculty voluntary separation plan, sr admin salary cuts
- University Business 6/11/2020 — Hampshire faculty agree to salary reductions
- 6/10/2020 — Cooperation in a Crisis
- 4/20/2020 — President’s Update on the Effects of the Covid-19 Pandemic
Harvard University – canceled furloughs/layoffs, extending pay/benefits to idled staff & contractors beyond 6/28, voluntary early retirement program, voluntary vacation balance reduction, voluntary time reduction, president & executives salary cut 25%, salary & hiring freezes, discretionary spending suspended, capital projects deferred
- 6/9/2020 — Update on operational and financial planning
- Bloomberg 6/9/2020 — Harvard Offers Staff Early Retirement to Reduce Expenses
- 4/13/2020 Harvard Executives community letter — Economic Impact of COVID-19
- Harvard Magazine 5/5/2020 — Harvard Projects $750-Million Revenue Shortfall in Next Academic Year
- Harvard Crimson 4/14/2020 — Harvard Announces Salary and Hiring Freezes, Discretionary Spending Reductions, Potential Deferral of Capital Projects, and Leadership Salary Cuts
- Boston Globe 4/13/2020 — Harvard announces hiring and salary freezes, president and top leaders take a 25 percent pay cut
Indiana University – borrow $1B, freeze staff hiring & salaries, limit travel and purchases, delay capital projects, ensuring full utilization of IU Foundation funds, reduce FY21 budget 5%
- 4/10/2020 IU’s response to COVID-19
- Indiana Daily Student 4/8/2020 — IU to ask Board of Trustees to borrow $1 billion due to pandemic
Iowa State University – FY21 5% budget cut & FY22 additional, salary freeze, 5% budget cut coaches/staff 1-year pay cuts, bonuses suspended, delay in required seating donations & freeze on athletics tickets
- 4/20/2020 – Budget letter to faculty/staff
- Des Moines Register, 4/1/2020 – Iowa State coaches will have pay reduced, in financial belt-tightening move due to losses from coronavirus
Ithaca College – president & leaders salary cuts, voluntary leaves, 167 furloughs, suspend FY21 international travel & 2 dean searches, FY21 salary freeze
- 4/23/2020 — An Update on Campus Operations for June and July
- 4/9/2020 — Updates on Aligning Positions and Programs, Dean Searches, and How to Support Students
Johns Hopkins University – suspend retirement contributions one year, salary & hiring freeze, capital projects pause, president/provost 20% salary cut, deans/officers 10% cut, furloughs
- Chronicle of Higher Education, 5/19/2020 – ‘A Dramatic and Unprecedented Contraction’: A Look Inside a $375-Million Budget Shortfall
- 4/21/20 JHU President message Financial Implications and Planning
- Baltimore Sun 4/22/2020 — Johns Hopkins’ stark economic outlook and planned cutbacks signal what’s to come for Maryland higher education
Kansas State University – president/cabinet/senior administrators 10% pay cut, furloughs, hiring freeze, reduce FY21 travel & professional development expenses, reduce FY21 utility costs, athletics salary reductions
- 4/29/2020 — K-State addresses budget steps regarding pandemic
- KWCHTV12 – 5/3/2020 — Kansas State University to furlough nearly 350 employees over summer
Lincoln University (Missouri) – declared financial exigency
- News Tribune, 5/8/2020 — LU declares financial exigency
Marquette University – furloughs, spending reduced, hiring & salary freeze
Massachusetts Institute of Technology – hiring freeze, reduce expenses, merit increases suspended, president/provost 20% cut
Miami University (Ohio) – non-renewal of contingent faculty contracts, president 25% pay cut, senior leaders 10% pay cut
- 4/13/2020 – Budget Symposium
- Cincinnati Enquirer, 4/18/2020 – Most of Miami’s contingent teachers told contracts won’t be renewed, group says
Michigan State University – considering FY21 campus-wide salary reductions & reducing retirement contributions; 3% FY21 campus-wide budget reduction; furloughs; tightening hiring chill, reduce consultants; tuition freeze, construction & major equipment purchases delayed, discretionary expenses reduced, president 10% pay cut, other executives 2-7% cut
- MLive 5/12/2020 — Michigan State University proposes more salary reductions, anticipates $150M to $300M in losses
- 5/11/2020 — Budget update for employees
- 4/17/2020 – MSU announced it will freeze tuition for the 2020-21 academic year
- Lansing State Journal 4/16/2020 — MSU President Stanley and top executives take pay cuts after COVID-19 financial hit
Missouri State University – hiring freeze, leadership pay cuts
Missouri Western State University – declared financial exigency, cut some tenured faculty, reduce dozens of majors/minors, add six new programs, athletics expense cuts
- Chronicle of Higher Education, 5/18/2020 — How Years of Deficit Spending Left One University Especially Vulnerable When the Pandemic Hit
- 4/24/2020 — President Wilson recommends cost savings exceeding $6 million per year
- 4/29/2020 – Board of Governors’ academic program changes
- 4/4/2020 – Missouri Western considering phasing out several majors, minors
Montana State University — hiring freeze
- Missoulian 3/31/2020 — COVID-19 spurs Montana University System hiring freeze
Montclair State University – close a school (return property to state), eliminating temporary positions, hiring & travel freeze, furloughs, chilled purchasing, deferred maintenance & construction
- 5/14/2020 — Montclair State University to Close NJ School of Conservation
- 5/6/2020 – President State of the University Address
Northwestern University – increase rate of endowment draw, president (20%) & leaders (10-20%) pay cuts, suspend NU retirement contributions, 250 furloughs; staff hiring freeze and slow faculty hiring, pause all facilities projects, salary freeze, defer discretionary spending
- 5/11/2020 — Financial Update
- Chicago Tribune 5/11/2020 — Northwestern University furloughs staff, cuts executive pay and taps endowment as it eyes ‘significant shortfall’ due to coronavirus pandemic
- 4/16/2020 – Financial Implications of COVID-19
Ohio State University – hiring freeze, slowing of capital projects
- 4/18/2020 — COVID-19 updates: state of emergency, capital projects, post-pandemic task force
- 3/22/2020 — State of Emergency and Disaster Leave for COVID-19
Ohio University – President & provost pay cut 15% & forego performance bonuses, layoffs, faculty non-renewal of contracts, hiring freeze, suspend new capital projects, suspend employee awards, reduce expenses & purchases, 53 faculty not renewed, 74 faculty voluntary retirement, 94 admins & 140 service employees laid off, FY21 tiered furlough leave days, other leaders & coaches 10% pay cut
- 5/15/2020 — Entering a time of difficult change
- The Athens News 5/15/2020 — OU announces layoffs for 53 faculty, at least 94 administrators
- 4/28/2020 — Persevering in uncertain times
Old Dominion University – cutting some sports
- 4/2/2020 — ODU Discontinues Wrestling Program
Pennsylvania State System of Higher Ed – retirement incentives, limit adjuncts, eliminate small programs, hiring and tuition freeze
- 4/29/2020 — State System of Higher Education votes for a second consecutive year to freeze tuition
- Penn Live 4/29/2020 – state universities offer retirement incentive to non-faculty employees
- Penn Live 4/29/2020 — state universities will freeze tuition for the second consecutive year
- Penn Live – 4/15/2020 – Pennsylvania’s state universities facing immediate hit of up to $100 million as lawmaker floats closures as worst-case scenario
Penn State University – furloughs/pay cuts, president giving 10% salary to employee & student assistance funds; capital projects delayed, tuition freeze
Princeton University – salary freeze, hiring chill, decrease temporary and contracted staff, reduce non-essential spending, reallocate staff
- 5/4/2020 — President Eisgruber writes to the Princeton community about the state of the University and planning for the academic year ahead
- 4/29/2020 UPDATE
- 4/8/2020 – Provost email
Quinnipiac – 3-5% pay cuts for all employees; larger cuts for top administrators
- New Haven Independent – 3/23/2020 — Quinnipiac Cuts Salaries
Rensselaer Polytechnic Institute – President/executivess 5% cut, reduce discretionary expenses, hiring and salary freeze, halt faculty sabbaticals, reduce fixed-term employees, staff furloughs
- 4/23/2020 – COVID-19 Fiscal Impact
- Times Union 4/24/2020 – RPI’s Shirley Jackson, one of nation’s highest-paid college presidents, takes pay cut
- Times Union 4/21/2020 RPI to furlough nearly 300 staff during COVID-19
Rutgers University – freeze tuition, hiring and salaries; president/executives/athletic director/3 coaches 10% cut for 4 months, other leaders 5% cut; new capital projects stopped; discretionary spending suspended
- 4/24/2020 – Urgent Steps to Mitigate the Financial Effects of COVID-19
- 4/24/2020 — Rutgers Freezes Hiring, Cuts Pay to Weather Budget Woes
Siena College – president-elect 25% pay cut, 75 furloughs, suspend retirement contribution
- 4/22/2020 – From the President
Southern New Hampshire University – lowering tuition 61%
St. Edward’s University – University reorganization (10% cut in employee positions, consolidation of five academic schools into four programs, reduction in housing occupancy, student health services outsourced, discontinuation of five athletic programs), president/VPs pay cuts, athletic programs cuts
- 5/13/2020 – Proactive Plans for Fiscal Year 2021 Balanced Budget
- The Statesman, 5/13/2020 – Citing revenue losses, St. Edward’s lays off 10% of employees
- 4/15/2020 — St. Edward’s University Discontinues Six Athletics Programs in Response to Economic Impacts of Coronavirus.
Stanford University – president/provost 20% pay cut, other leaders 5-10% cut, salary freeze, hiring pause, reduce discretionary spending, reevaluate major projects, FY21 budget cuts (10-15%), possible FY21 furloughs or layoffs
- 5/27/2020 — A message from President Marc Tessier-Lavigne: Our financial future
- Mercury News, 5/27/2020 — Stanford University forecasts staggering financial losses, workforce reductions
- 4/14/2020 — Supporting our Stanford workforce
- 4/2/2020 — Provost’s updates on COVID-19
- San Francisco Chronicle, 4/26/2020 – Stanford hospital system to cut pay 20%, furlough workers during coronavirus pandemic
State University of New York – hiring freeze; reduced travel, construction & supplies
- Wall Street Journal ,5/12/2020 — SUNY Curbs Spending, Braces for More Cuts Amid Pandemic
Syracuse University – executives/deans/3 coaches 10% pay cut, hiring & salary freeze, 5% cut to budgets, new capital projects stopped
- 4/20/2020 — Financial Impact of COVID-19
- 4/16/2020 — Our Plan for Fall 2020
- com — 4/20/2020 — Syracuse University plans pay cuts, hiring freeze after $35M loss from coronavirus pandemic
Temple University – tuition freeze; president 10% pay cut, leaders 5% cut, employees paid more than $100,000 5% cut; 5% budget cuts FY21
- 4/26/2020 – Temple University proposes a tuition freeze
- The Philadelphia Inquirer 5/4/2020 — Temple president: ‘We have decided against furloughing employees at this time’
Texas Christian University – execs & coaches salary cuts, hiring freeze, FY21 budget 20% cut, benefits options reduced, university retirement contribution reduced to 8%
- 5/14/2020 – Message from the Chancellor: Update
University of Akron – cut 6 of 11 colleges, president & senior officials FY21 10% pay cut, hiring freeze, 20% budget cut athletics, 20% cut FY21 expenditures, cut three sports
- 5/14/2020 – Redesigning The University of Akron – Athletics update
- 5/4/2020 – Affirming Our Promises in the Post-COVID World: Update #1
- 4/23/2020 – Affirming Our Promises in the Post-COVID World
- Cleveland-com 5/4/2020 – University of Akron to eliminate six of 11 colleges as part of cost-saving measures due to coronavirus pandemic
University of Alaska – furloughs including top leaders, eliminate 39 academic departments
- 6/9/2020 – Board of Regents’ Chair commentary
- 6/4/2020 – Board of Regents’ Agenda
- Chronicle of Higher Education, 6/5/2020 — U. of Alaska System to Eliminate Nearly 40 Academic Programs
- Alaska Public Media, 4/29/2020 — University of Alaska to furlough top leaders, including president, chancellors
University of Arizona – furloughs, pay cuts
- UA HR website – furloughs 5/11/20 – 6/30/21 – those earning $1-150,000 = furlough days equivalent to 5-15% pay reduction; those earning $150,000-199,999 = pay cut of 17% and those earning $200,000 or more = pay cut of 20%
- 4/17/2020 — Furloughs and pay cuts set for staff, faculty at University of Arizona
University of Arkansas-Fayetteville – hiring and salary freeze, reduced discretionary spending
- Arkansas Democrat Gazette, 5/20/2020 — No layoffs in UA budget plan; in new year, cuts to focus on hiring, raises, chancellor says
University of Arkansas- Little Rock – 13 faculty cut, 2 of 5 colleges cut, building closures
- Arkansas Times, 5/13/2020 — UA Little Rock provides list of 13 faculty members notified of coming loss of jobs in ‘retrenchment’
University of California (system) – president & chancellors 10% pay cut; FY21 non-academic salary freeze, hiring freeze, FY21 budget cuts by campus, expense reduction, renegotiate service agreements
- 5/18/2020 – President Napolitano announces systemwide pay freeze for policy-covered employees
- 4/2/2020 – President Napolitano and the 10 UC chancellors provide assurances to UC employees during these unprecedented times
- Los Angeles Times, 4/16/2020 – UC reeling under staggering coronavirus costs; ‘the worst impacts … all at once’
University of California – Berkeley – Pay freeze
University of California – San Francisco – hiring freeze
- 4/7/2020 — UCSF Hiring Freeze
University of Chicago – FY21 president/provost/EVP 15% salary cut, deans/officers 8-10% salary cut, voluntary staff furloughs/hours reduction, mandatory staff furloughs, reduce/suspend retirement contributions, freeze on tuition, housing, fees; FY21 salaries & hiring freeze; discretionary spending suspended; 10% non-personnel spending reductions, furloughs, capital projects postponement
- 6/10/2020 — Update on Financial Measures
- 5/7/2020 — COVID-19 Financial Implications Update
- 4/13/2020 – 2020-2021 College Tuition, Housing and Fees
- 4/7/2020 — Financial Implications of COVID-19
- Crain’s Chicago 5/7/2020 — More COVID-driven cuts: UChicago hospital furloughs workers
University of Cincinnati – president & execs 10% pay cut through FY21, hiring & salary freeze, spending cuts, construction suspended, cut a sport
- 4/16/2020 – President’s Message on Sustaining Our Mission
- Cincinnati Enquirer, 5/16/2020 – UC’s Pinto: Coronavirus impact prompts ‘decisive action’ as university faces ‘challenging times ahead’
- AP 4/14/2020 — University of Cincinnati drops men’s soccer in virus fallout
University of Colorado – Denver – furloughs (12 to 26 days), tuition freeze
- 5/20/2020 — For Faculty and Staff: Budget Response to COVID-19 Financial Impact
- 5/20/2020 — CU Denver COVID-19 Graduated Furlough Plan FAQ
- 4/22/2020 — For Faculty and Staff: Financial Impacts on Campus, Sustaining Our Financial Health
University of Dayton – 446 furloughs, 60 positions eliminated, salary freeze FY21, pause university contributions to retirement
University of Delaware – hiring freeze, capital projects reevaluation, travel ban, non-critical spending suspended (including consultants), in-person programs before 8/1 canceled or moved online
- 4/27/2020 — President Dennis Assanis’s letter
- First State Update 4/27/2020 – President Announces Hiring Freeze, Future Plans Amid Shutdown
University of Denver – staff layoffs & furloughs; FY21 salary cuts for those higher than $90,00; reduce retirement contributions; hiring and construction freeze; elimination of car and cellphone allowances; reduction in travel, food and events
- 6/9/2020 — Financial Update for Fiscal Year 2020-2021
- Denver Post 6/9/2020 — University of Denver announces 38 layoffs, salary reductions for faculty and staff
- 3/23/2020 — Faculty & Staff Update: Coronavirus – March 23, 2020
University of Evansville – president 20% pay cut, 100 furloughs, freeze FY21 non-essential travel, staff hiring freeze, suspend U retirement contributions, staff salaries more than $54,000 5% cut, faculty encouraged for voluntary pay reductions
- 4/28/2020 — COVID-19 Financial Impact
University System of Georgia – tuition freeze, salary-based furloughs days, chancellor/presidents 10% pay cut, 14% FY21 budget cut
- 5/7/2020 — Board of Regents Provides Authority for Potential Reductions Due to COVID-19
- Inside Higher Ed 5/8/2020 — Furlough, Job Cut Plan Approved for University System of Georgia
- Atlanta Journal Constitution 4/14/2020 – Regents approve tuition freeze for public colleges for upcoming year
University of Idaho – hiring freeze, limit overtime
- 4/10/2020 Budget Update with COVID-19 Impact
University of Iowa – budget decisions made at the unit level
University of Kansas – hiring & salary freezes, 40 leaders 10% salary cut for 6 months
- 4/27/20 President’s letter – Message: Next Steps Toward Addressing the Impact of the Pandemic
University of Kentucky – furloughs, 10% budget cuts, canceled raises, paused hiring, reduced retirement contributions, contingency funds to avoid previously announced layoffs,
- 5/22/2020 — The Next Steps in Our Budget
- Inside Higher Ed, 5/28/2020 — A University Avoids Layoffs
- 4/21/2020 – The Next Steps in Meeting Our Budget Challenges
- University Business, 4/21/2020 – Cuts, layoffs loom as U. of Kentucky faces $70M shortfall
University of Louisville – furloughs, suspend retirement contributions, pay cuts, hiring freeze, spending reductions
- 4/21/2020 President email
- 4/9/2020 — University of Louisville to furlough employees, cut pay for top administrators
University of Maryland – hiring freeze, reduced spending
University of Michigan – pay cuts (EVP medicine 20%, president & 2 chancellors 10%, other executive officers 5%), halt non-essential expenses (travel, conferences, consultants), hiring & salary freeze, voluntary furloughs, postpone construction, furlough & layoffs for 1400 medicine employees
- 5/5/2020 – Michigan Medicine Announces Economic Recovery Plan
- 4/20/2020 — A COVID-19 update from President Mark S. Schlissel
- 4/20/2020 – Dearborn Chancellor email U-M leadership shares plan to address COVID-19-related financial challenges
- 4/20/2020 – U-M Flint Chancellor email
- 4/21/2020 Michigan Medicine CEO email – Update: Economic Recovery Plan
- 4/20/2020 University Record (employee news) – U-M imposes hiring, salary freezes in face of expected shortfall
University of Minnesota — hiring & salary freeze, 200 leaders pay cut equivalent to a one-week furlough; president & cabinet additional 10% salary cut
- Star Tribune 4/8/2020 – University of Minnesota bracing for up to a $300 million hit from COVID-19
University of Missouri – executives & deans & others 10% pay cut, hiring & salary freeze, employee changes to create 15% reduction
- 4/14/2020 — Financial impacts and planning due to COVID-19
University of Montana – furloughs, president donating 25% salary back & others are making volunteer donations
- 4/13/2020 — Message from the President
- KPAX-TV – 4/13/2020 – With few students on campus, UM places 63 employees on temporary furlough
University of Nebraska – hiring freeze, reduce expenditures 3%, limiting travel & major purchases, reevaluate capital projects
- 4/14/2020 Update on COVID-19 and Budget Planning
University of New Haven – pay cuts, furloughs of 173 employees, hours reduced, expense reductions, capital projects deferred, suspension of employer retirement contributions, salary cuts (3-9%)
- 4/27/2020 — Email from President Kaplan about Fall 2020 Planning
- WFSB-TV 4/7/2020 — University of New Haven reduces pay, announces furloughs
University of Oregon – hiring freeze, president 12% salary cut, VPs & deans & AD 10% salary cut, furloughs
- 4/13/2020 — Addressing our financial challenges
- Daily Emerald, 4/13/2020 — Breaking: UO to stop paying 282 staff, projects $25 million in lost revenue
- The Register-Guard, 4/4/2020 — UO president, administrators to take pay cuts in light of COVID-19
University of Pennsylvania – hiring freeze, merit increase only for those below $70,000, no new temporary or student staff, overtime restricted, reduced spending, pause capital projects, prioritize use of donor restricted funds
University of Pittsburgh – president 20% salary cut, executives 10% donated to student emergencies
- 4/24/2020 — Top Administrators Donate to Support Pitt Students and Mission
- Pittsburgh Post Gazette 4/24/2020 – Pitt Chancellor, top deputies give back part of pay over pandemic
University of Rochester – hiring & salary freeze, overtime reduction, furloughs, president & executives 18% pay cut, new construction hold
- 4/28/2020 — Message to All Non-Medical Center Faculty and Staff: Further Steps to Address Campus Financial Challenges
- 4/27/2020 — Message to All URMC Employees Regarding Staff Furloughs
- 4/15/2020 — Responding to the Financial Challenges of the COVID-19 Pandemic
- WHAM 4/15/2020 – University of Rochester says furloughs ahead, hiring freeze now in place
University of South Carolina – president/senior cabinet/AD/3 coaches FY21 10% pay cut, construction delay, hiring chill, maintenance deferred, faculty merit raises postponed, employee OT cut
- 5/20/2020 — Ensuring Financial Stability
- Fox28 5/19/2020 — USC announces voluntary pay cuts for administrators, coaches
University of Southern California – president 20% pay cut, execs/deans 10% pay cut, hiring & salary freeze, construction & discretionary spending pause
- 4/3/2020 – An Important Message from the Provost and Chief Financial Officer
- Los Angeles Times 4/4/2020 — USC president gets new Santa Monica home and trims her salary amid pandemic
University of Texas (Austin) – furloughs, layoffs, end use of emergency leave for out-of-work employees, reevaluate hiring, salary freeze
- 5/19/2020 — Second Phase of Financial Mitigation Measures
- The Texas Tribune, 5/19/2020 — Budget cuts at UT-Austin will likely bring furloughs and layoffs, campus leaders say
- 4/14/2020 — Mitigation Plans During COVID-19 Crisis
- KXAN-TV 4/15/2020 – UT to stop non-essential spending and freeze staff pay amid COVID-19 pandemic
- Statesman 4/14/2020 — UT cuts summer tuition, freezes raises for faculty and staff
University of Vermont – interim 3-month budget, tuition freeze
- 4/24/20 University Budget Information
University of Washington – Medicine furloughs (1 to 8 weeks), sr leadership pay cuts (10-20%), construction suspended, hiring & discretionary spending freeze, furloughs, FTE reduction
- 5/13/2020 — Effects of the pandemic on the UW’s budget are becoming clearer
- 5/11/2020 — Message to the UW Medicine Community Regarding COVID-19 Financial Challenges
- Seattle Times 5/18/2020 — UW Medicine furloughs 1,500 staffers, with more on the table; could $500 million shortfall hamper coronavirus response?
University of Wisconsin – tiered campus-wide furloughs (3-6 days), president/provost/vice chancellor 15% pay cuts, reduction in hours w/ shared work, freeze travel, reduce expenses, defer infrastructure projects, partial hiring & salary freeze
- 4/29/2020 – UW-Madison Chancellor announcement
- Wisconsin Public Radio 4/29/2020 — UW-Madison Announces Furloughs To Address $100M Shortfall Caused By COVID-19 Pandemic
Valparaiso University – furloughs/pay cuts, president 30% pay cut
- 4/16/2020 — Valparaiso University furloughs 200 employees; president to take 30% pay cut in COVID-19 reductions
Vanderbilt University – hiring reviews, discretionary spending suspended, voluntary departure incentives, merit increases deferred, major projects reviewed, expense reduction
Vermont State Colleges — proposal to close 3 campuses, lay-offs
- Burlington Free Press 4/17/2020 — Vermont State Colleges could close three campuses, lay off hundreds
Villanova University – president, 60 leaders & Augustinian friars 10% pay cut 2 months, reduction in retirement contributions, salary & hiring freeze, construction suspended, reduced discretionary spending
- 5/7/2020 – Update from the President – University Response to COVID-19 Disruptions
- ABC-TV6 — Villanova University retaining all staff through COVID-19 pandemic
Virginia Tech University—Hiring freeze
Washington University (St. Louis) – 90-day furloughs, 3 executives pay cuts 15-20%, hiring & salary freeze, expense reductions, capital projects delayed
- 4/20/2020 – Chancellor letter
- St Louis Post Dispatch 4/30/2020 – Washington University furloughs 500 Danforth Campus employees
- St. Louis Public Radio – 4/20/2020 – Wash U To Furlough About 1,300 Employees, Many At Medical Campus, Amid Pandemic
Wayne State University – consultants & hiring approved by president, non-essential spending cut, furloughs, possible program cuts FY21
West Virginia University – limit spending & hiring, president & executives donating back 10% of salary, add fundraising day (May 5 #GivingTuesdayNow), furloughs
Western Michigan University – tuition freeze, 240 service staff layoffs, 20% spending cut for each division, 25% pay cut for athletic director, football & hockey coaches; FY21 president & leadership 10% pay cut, associates through deans 5% cut, all non-bargained for staff 2.25% pay cut; construction & hiring freeze
- 5/7/2020 – President’s message to students, families: WMU’s commitment
- MLive 5/22/2020 — Western Michigan University faculty agrees to 2.25% salary cut in draft contract
- 4/30/2020 — Personnel steps in response to the COVID-19 crisis
- 4/23/2020 — WMU’s budget realities and next steps
Yale University – FY21 5% budget reduction, hiring & salary freeze, pause capital projects & $300 million reduction over 2 years, suspend travel & discretionary spending
- 5/3/2020 — Virtual town hall offers a ‘progress report’ for Yale in a time of pandemic
- 4/21/2020 — Yale in the Months Ahead
- 4/7/2020 — Provost Announcement – COVID-19 – Initial Financial Implications