88.4 F
Sunday, June 16, 2024

IU sees $63M revenue boost from enrollment jump

More by this author

Indiana University officials say this school year’s record enrollment is leading nearly $63 million in unexpected revenue for its campuses across the state.

University vice president Neil Theobald told the school trustees that the addition money will help with the hiring of top-level professors and covering unbudgeted needs.

The main campus in Bloomington will receive $44.4 million, the largest share of the additional money. Additional money also is going to campuses in Indianapolis, $8.2 million; South Bend, $2.8 million; New Albany, $2 million; Gary, $2.7 million; Kokomo, $1 million; and Richmond, $1.7 million.

Trustees approved the distribution Thursday even though some said they worried about IU possibly adding too much to its ongoing faculty costs.

IU had a systemwide enrollment of 107,160 students this fall semester.

Information from: The Herald Times, http://www.heraldtimesonline.com

© 2009 Associated Press. Displayed by permission. All rights reserved.

- Advertisement -

Upcoming Online Townhalls

- Advertisement -

Subscribe to our newsletter

To be updated with all the latest local news.

Stay connected


Related articles

Popular articles

Español + Translate »
Skip to content