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Hina Samnani, The Daily Campus April 12, 2010 As part of the Deficit Mitigation Plan approved by the Connecticut State Senate last week, UConn will be required to pay $5 million this year and $10 million next year to cover interest costs of funds used for building construction as part of the UConn 2000 project. Essentially, this plan will reduce UConn’s ability to meet its obligations to all of its programs in the upcoming year by $15 million. “The state is essentially proposing to take income from the university and use this money to help bail out the state’s deficit,” said Steven R. Donen, an active UConn alumnus and member of the Steering Committee of the UConn Advocates. |
A study by a state economist indicates that operations at UConn and its Health Center added $2.3 billion to Connecticut’s GDP in fiscal 2008. Read the report...
Did you know that 83% of all freshmen entering the Main Campus this fall were in the top 25% of their high school class? Get the complete picture of what UConn is today in the 2010 UConn Fact Sheet.