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Federal government shutdown hitting University of Nebraska

Posted: 7:01 PM, Jan 22, 2019
Updated: 2019-01-23 01:06:50Z
Federal government shutdown hitting University of Nebraska

OMAHA, Neb. (KMTV) — UNO and UNMC Chancellor Dr. Jeff Gold is concerned because the universities are not getting funds for research from the feds. But their research is still happening, for now.

The hits are stark. The University at Nebraska-Lincoln is losing $5.5 million a month. UNO is losing $650,000, with UNMC taking a monthly hit of $300,000.

To make sure everybody is paid and has the right equipment, the university can dip into it's rainy day fund.

"The university has some limited reserves that it uses for difficult times and situations," says Gold.

Dr. Gold says those reserves only last so long.

"At some point if we run out of resources, we're going to have to make some very hard decisions," says Gold.

Dr. Gold is also looking down the line at future students of the two schools he leads.

Especially ones with parents who are federal workers.

"They're going to have to decide to take a job and work, and not start college or maybe their may even be some students that are going to have to take a year off or six months off, if this were to go that long," says Gold.

Ultimately Dr. Gold says the university is doing everything they can for current students and staff, for however long the government is shut down.