American University Board of Trustees announces reduced budget for fiscal year 2025 Budget reduced $34 million from previous year, following deficit - Penelope Jennings and Luna Jinks, the Eagle
Economics and Change in Higher Education
APRIL 18, 2024
American University’s budget for fiscal year 2025 will total $860 million, compared to $894 million this year, Board of Trustees Chair Gina Adams announced in an email Thursday afternoon. Fiscal year 2025 will begin on July 1, the same day that the University’s presidency turns over to Jonathan Alger. million deficit in January 2024.
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