Financial Equilibrium Plan reviews university programs

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An update by university president Rev. Kevin Wildes, S.J. dictates that the next phase for developing a financial equilibrium plan for Loyola University New Orleans has taken place, and The Presidential Advisory Group to Develop a Long-Term Financial Equilibrium Plan aims to create at least $10 million in savings from the following process.

The Advisory Group is conducting a review of more than 200 academic and non-academic university programs. Program directors will be receiving program templates with questions and are expected to complete the templates by June 19.

The Advisory Group will review the templates and forward recommendations to Wildes in early October, and they plan to have a complete financial equilibrium plan to present to the campus in November and to the Board of Trustees at the December meeting.

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