Cost-saving measures have been implemented to address a financial shortfall. A significant reduction in international enrollment and less state funding contributed to the issue. The fiscal year is set to end in late summer.

Certain programs with low participation have been phased out, including those related to language and arts. Faculty members were also offered incentives to leave, which could result in savings. Further details about the financial situation and plans for the future are available.

The initial projected deficit was substantial, but efforts have been made to decrease it.