The global business consultant Bain & Co. has concluded that UNC has management and organizational inefficiencies that keep it from getting the maximum bang for its bucks in the core missions of teaching and research. Bain, which gave its… read more
Carolina and the rest of the UNC System are going ahead with permanent budget cuts totaling 10 percent of the state’s 2009-10 appropriations for the universities as they wait for the N.C. General Assembly’s decision on the budget. In a letter to… read more
The University got a glimmer of hopeful news on the financial front when the N.C. House in June passed a draft of the state budget that includes an 8.7 percent budget cut for the UNC System. That’s down from the 11 percent in reductions – or about… read more
The University continues to face financial uncertainty as the N.C. General Assembly looks for ways to balance the state budget. The House is considering two steps to help ease the state’s budget shortfall, which is more than $4 billion: an 11… read more
UNC System campuses face budget cuts of 5 percent in Gov. Beverly Perdue’s budget proposal, released last week. For Carolina, this means a cut of about $29 million, one that likely will result in employee layoffs and cutting expenses across… read more
UNC’s proposed regional medical schools in Charlotte and Asheville have been put on hold indefinitely due to a lack of funding related to a decline in overall state revenues. The plan, which would have had students entering the regional campuses… read more
Loss of faculty and staff, fewer classes, employee furloughs, and cuts in student enrollment may be necessary if the state reduces the University’s budget by 3, 5 or 7 percent. In anticipation of layoffs, UNC also is setting up an Employee… read more
The only certainty about the state’s share of the University’s budget is that it will be cut – probably deeply – as the state deals with revenue shortfalls in the growing financial crisis. Administrators and faculty are discussing how best to… read more
As federal funding for research stalls and competition for investment from other sources heats up, Carolina has again grown its revenues. Growth hit 2.9 percent in fiscal 2007, putting UNC above $610 million in total grants and contracts. That’s… read more
New state Senate backing of the UNC Lineberger Comprehensive Cancer Center could propel the center into the top tier of cancer research centers in the U.S. The Senate’s version of the state budget would pump $50 million annually into the center’s… read more