Little Rock college planning $2.4M in cuts as revenue drops

By The Associated Press | Posted - May 11, 2015 at 3:31 p.m.



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LITTLE ROCK, Ark. (AP) — A central Arkansas university plans to make more than $2 million in cuts to help save money following declining student enrollment and drops in revenue.

The Arkansas Democrat-Gazette (http://bit.ly/1zWcYEk ) reports most of the $2.4 million in cuts at the University of Arkansas at Little Rock are set to take effect July 1. The cuts also are tied to a restructuring effort the school began in 2013.

The school's slow decline in enrollment began after the fall 2010 semester when it had a record high of nearly 13,200 students. The number has slipped since then each fall semester. UALR had 11,645 students in fall 2014.

University officials have said the loss of students has led to a $3.2 million reduction in tuition revenue in the fiscal year ending June 30, 2014.

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Information from: Arkansas Democrat-Gazette, http://www.arkansasonline.com

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The Associated Press

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