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University of Montana investigating financial impact of 700-student drop in enrollment

The University of Montana’s administration is scrambling to determine what kind of financial impact the drop in enrollment will actually have.

There are 14,943 students enrolled this semester, which is 726 fewer than last year. Since the administration was not expecting this 4.6 percent decline, they have to adjust the general funds budget that was set in the spring and approved by the Board of Regents in September.

"Last spring we estimated a certain amount of enrollment that predicted we would have about $161 million to use for our budgeting this year," said Dawn Ressel, associate vice president for planning, budgeting and analysis. "Because our enrollment came in below that, we’re not going to meet the $161 million."

By Austin Green

Full Story: http://www.montanakaimin.com/news/university-investigating-financial-impact-of-700-student-drop-in-enrollment-1.2922980#.UHWFVlHp-RE

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