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WVU-P awards $1 46M in COVID relief grants | News, Sports, Jobs

With enrollment up, financial losses mitigated by federal relief funds

Distributing funds to help students during pandemic

Barron discusses pandemic s impact on Penn State s budget

Barron discusses pandemic s impact on Penn State s budget To help offset the financial impact of the pandemic, Penn State saved approximately $90 million through a base budget cut of 3% in units across the University; deferring some construction and maintenance projects; a pause in hiring except for critical positions; no general salary increases for employees in 2020; and energy and travel savings. Image: Penn State Barron discusses pandemic s impact on Penn State s budget February 23, 2021 As the University begins the spring 2021 semester in the midst of the pandemic and continues unfolding its COVID-19 safety plans, Penn State President Eric J. Barron in a question-and-answer session shares more about the University’s financial outlook and how COVID-19 has affected the institution’s fiscal health.

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