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Louisville University’s Bold Budget Move | Lexington News
Louisville just approved its biggest budget ever—$1.96 billion for FY27—with a 9% jump fueled by massive state funding, healthcare expansion, and a $70M bioscience building. Amid soaring costs (library up 8%, insurance up 19%), they’re boosting financial aid by $9M to retain 85% of their projected 25,400 students. Staff get a 2.5% raise for the 6th straight year, while leadership skips raises to stabilize insurance and keep morale high. Research thrives with an $11.5M cancer grant and a federal innovation park. Arts and humanities stay funded too. This isn’t just spending—it’s a long-term…
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