UL System's budget cut set at $36.9M
by Stephen Largen - News Star (excerpt)

The Louisiana Board of Regents announced a $36.9 million budget cut for the University of Louisiana System on Tuesday, nearly halving the original $67 million cut projection thanks to a last-minute compromise by the Legislature last week. The budget cut applies to the 2009-2010 fiscal year that begins Wednesday.

The $36.9 million cut comes in addition to a midyear cut, bringing the total UL System funding reduction over last year to $56.5 million.

The University of Louisiana at Monroe's cut was slashed from a projected $8.2 million to $4.5 million, Louisiana Tech University's cut was reduced from $8.3 million to $4.5 million and Grambling State University's cut was moved from $4.9 million to $2.8 million.