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UNC-Chapel Hill's $70M Cost-Reduction Plan to Include Staff Cuts, Consolidating Resources

ORANGE COUNTY, NORTH CAROLINA, JUL 30 – UNC aims to cut $70 million from its budget by reducing vacant roles and lowering out-of-state financial aid from 44% to 18%, targeting $29.5 million in savings next fiscal year.

Summary by Wral News
The University of North Carolina at Chapel Hill announced a tentative cost-cutting plan with the goal of saving around $70 million across the institution on Wednesday.

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The Business Journals broke the news in United States on Wednesday, July 30, 2025.
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