East Carolina University will sustain a 16 percent or $49 million cut in the fiscal year that began July 1.
The budget and finance committee of the University of North Carolina system Board of Governors met Thursday morning to allocate cuts mandated by the state budget approved in June. Since then, officials have been working on how to distribute the $414 million reduction.
The overall cut to the UNC system is 15.6 percent. But that reduction is not even across the board, due to state budget law. UNC-Chapel Hill will bear the largest cut at 18 percent of its budget or $100 million. The smallest cut was at Elizabeth City State University with 10 percent or $3.7 million of its budget. Appalachian State and UNC-Charlotte both had 16 percent cuts as well. Last year, state funding made up approximately $300 million of ECU's $800 million budget.
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