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U of M finance leaders provide update and reiterate recommendations to address current fiscal year budget deficit


May 14, 2021
In an update to the Board of Regents Finance & Operations Committee, University of Minnesota leaders discussed pandemic-related deficits in the current fiscal year and approaches that continue to help the University close budget gaps. Current projections suggest systemwide shortfalls totalling $172.5 million when the fiscal year ends on June 30, a relatively small change to the $166 million in projected deficits shared with the Board last December.
Senior Vice President for Finance and Operations Myron Frans and Associate Vice President and Budget Director Julie Tonneson outlined recommendations to address the budget shortfall, many of which were already approved by the Board and are currently in place. They include: ....

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Leaders celebrate successes, discuss strategies for strengthening diversity and access at the U of M


February 5, 2021
The University of Minnesota prioritizes attracting, retaining and graduating a diverse student body; one that fits within the many ways diversity can be defined. Next Thursday, in its Mission Fulfillment Committee, the University’s Board of Regents will discuss student diversity and academic outcomes in three focus areas: diversity in recruitment and admissions, student success and addressing achievement gaps and supporting diversity and success in the University’s Graduate School.
First-generation student status, socio-economic backgrounds, geographic diversity and race and ethnicity are among the many quantifiable ways that the University measures diversity throughout its five-campus system. In their discussion with the Board, University leaders will share systemwide and campus-by-campus demographic breakdowns and five-year statistical trends. The Board will also receive updates about initiatives underway to enhance diversity and inclusion, and consi ....

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