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Northwestern University and Evanston's Only Daily News Source Since 1881

The Daily Northwestern

Northwestern University and Evanston's Only Daily News Source Since 1881

The Daily Northwestern

Northwestern University and Evanston's Only Daily News Source Since 1881

The Daily Northwestern


Northwestern President Morton Schapiro. The University finished with a surplus of over $60 million.

The budget surplus, explained

January 21, 2020

In the two years since Provost Jonathan Holloway disclosed the University’s budget deficit to Faculty Senate, administrators made cuts to academic departments’ budgets, laid off dozens of staff members...

The Donald P. Jacobs Center, 2001 Sheridan Rd. As Northwestern ended Fiscal Year 2019 in surplus, NU plans to refocus on renovating vacant buildings on campus like the Jacobs Center.

University to re-focus on remodeling vacant spaces, not breaking ground on new buildings

January 13, 2020

Northwestern’s budget deficit in Fiscal Year 2018 froze construction on residence halls in the 10-year Housing Master Plan and delayed renovations of other campus spaces. Senior vice president for business...

University President Morton Schapiro addresses the class of 2023 and transfers.

President Morton Schapiro announces budget surplus for 2019 fiscal year

October 28, 2019

President Morton Schapiro said after two years of operating in a multi-million dollar deficit, the University ended fiscal year 2019 several million dollars in surplus. “Instead of being 47.5 million...

From left to right: University President Morton Schapiro, vice president for business and finance Craig Johnson, provost Jonathan Holloway and vice president for global marketing and communications Jeri Ward. The panel engaged in a moderated conversation on the Chicago campus.

President Schapiro, top administrators discuss budget, diversity in conversation at Chicago campus

April 3, 2019

President Morton Schapiro boasted about Northwestern’s research and apologized for the University’s incorrect information on the budget during a moderated conversation with top administration officials...

A Tale of Two Deficits

October 26, 2018

As Northwestern grapples with a budget deficit of over $60 million, the city of Evanston is bracing for a multi-million dollar deficit of its own.

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Northwestern University and Evanston's Only Daily News Source Since 1881
Budget Deficit