Word: budgeteering
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...Endowment Drop and Budget Cuts...
During her five years as dean, Kagan pushed through a major curricular reform and won the hearts of students and faculty alike by reaching out with simple gestures, such as opening an ice skating rink (now closed due to budget cuts) and providing free coffee...
Setting a positive tone at the last Faculty meeting of the year, Smith announced that the budget deficit now stands between $50 to $55 million—a roughly $30 million reduction in the deficit since February...
Smith told the Faculty that he hopes to balance FAS’ budget by the fiscal year that ends in 2012. Further cuts and the FAS reserves will cover the gap in the meantime, he added...
...predicted in late March, more than 60 percent of the anticipated Class of 2014 will receive need-based financial aid from the College, as the undergraduate financial aid budget reaches a record high of $158 million next year...