NKU projects $1.9M deficit in 2027 amid enrollment declines, proposed state funding cuts

By: Haley Parnell

Outlets: Kentucky Lantern

Published: March 5, 2026

Words: 940

Last Updated: 5 days, 9 hours ago

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Northern Kentucky University is once again facing a tough road ahead regarding its budget.

While NKU is projecting a positive surplus for fiscal year 2026, the fiscal year 2027 draft budget projects a $1.9 million deficit due to declining enrollment, potentially lower-than-anticipated state appropriations and planned raises.

The lower-than-anticipated state appropriations come from House Bill 500 (the Kentucky House’s state budget bill), which poses $5 million in funding cuts to the university in …

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