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UL Lafayette Turns Financial Corner | Lafayette Louisiana News
UL Lafayette hits a financial milestone with its first balanced budget in over a decade, thanks to strategic realignment and a one-time state boost. President Kolluru unveiled bold investments in faculty, staff, and students, including $500K in COLAs for classified staff and $500K to close faculty pay gaps—effective October 1. A $1M push for academic advising and six new advisors targets student retention, with graduation rates at 26% four-year and 52% six-year. Vision 2035 aims for 27,500 students, $500M in annual research, a $500M endowment, and top-75 public university status. Listen in…
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