Morehead State University employees were updated on the institution’s budget during virtual convocation this week.
Higher education was hit hard by the global pandemic, and many universities are now scrambling to make up lost revenue.
Mary Fister-Tucker is the Chief Financial Officer and Vice President of Financial Services at MSU. She says the university is in relative good shape financially, due in part to a reduction of cost drivers over the past few years.
Fister-Tucker says Morehead State has also contained healthcare costs and restructured debt to lower interests cost. Classes at MSU are set to begin January 19th.