EVANSTON, Ill. (AP) – Northwestern University has furloughed 250 workers and suspended contributions to employee retirement funds as it reports a $90 million budget shortfall due to the coronavirus pandemic. The university also announced top officials will be taking a 10% to 20% cut in pay. University President Morton Schapiro said in a statement Monday that even if campus activity is resumed in the fall, the university will have a significant budget shortfall in the 2021 fiscal year. Northwestern, with campuses in Evanston and Chicago, has rejected the $8.5 million in stimulus money offered by the U.S. Department of Education.
