Despite $30 million in one-time state funding, PSU still in dire straits
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Despite roughly $30 million being allocated to Portland State in federal funding, the university is still experiencing significant financial strain due to low enrollment caused by the pandemic.
At the Academic and Student Affairs and Finance and Administration committee meetings held on Jan. 11 and 13 respectively, Board of Trustees members discussed how lower than anticipated enrollment for fall term is straining PSU financially. Even with $30 million being allocated to the university through the Higher Education Emergency Relief Fund (HEERF) act, the administration is still trying to find a financially viable way forward.