Ithaca College to lower discount rate by 2028 as part of plan to decrease deficit
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Ithaca College to lower discount rate by 2028 as part of plan to decrease deficit
The Ithaca College Division of Finance and Administration hosted a Dollars and Sense presentation May 29. The session was open to faculty, staff and students to discuss the college’s performance in fiscal year 2025 and the FY 2026 budget. To continue to combat the college’s financial deficit, the discount rate for first-year students will be dropped from 64% to 60% by FY 2028. Response to drops in enrollment Tim Downs, chief financial officer a…
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