UAF braces for funding drop

Jan 24, 2013 -- 10:15am

 

- FAIRBANKS, Alaska (AP) - The University of Alaska Fairbanks is expecting a drop in funding. Chancellor Brian Rogers discussed the funding issues this week at a Greater Fairbanks Chamber of Commerce luncheon. According to the Fairbanks Daily News-Miner, Roger said that the university budget will be tighter. And, he said, there is added uncertainty about state and federal funding sources complicated by the fact that there is a slight dip in student enrollment. The funding challenges come amid some big capital projects UAF is pursuing. The university wants money to complete a new $109 million engineering building. UAF also is seeking funding for a new coal-fired campus power plant, which is expected to cost as much as $250 million.

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