Lincoln University fights for survival amid budget pressure

1 year 1 week 5 days ago Tuesday, July 04 2017 Jul 4, 2017 Tuesday, July 04, 2017 10:25:23 AM CDT July 04, 2017 in News
By: The Associated Press

JEFFERSON CITY (AP) — Lincoln University in Jefferson City is struggling to respond to a budget gap created by cuts in state and federal appropriations and a history of being mostly forgotten by government officials.

The university is one of two historically black colleges in Missouri. It says it will lose $3.8 million in state and federal funds for the 2017-2018 academic year. In response, Lincoln is cutting 48 positions and reducing employee pay by 0.5 percent. It's also increasing tuition by 2 percent.

The Columbia Missourian reports the university's budget is generally about $50 million annually. Lincoln generates about $13 million a year from tuition and other revenue streams and must make up the remaining $37 million.

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