Shannon

College Update on Finances

On Thursday, Sept. 17, the College provided an update on the financial situation and announced permanent structural changes. In a statement by College President Sonya Stephens and Vice President for Finance and Administration and Treasurer Shannon Gurek, it was announced that “the pandemic has created both short-term and longer-term challenges to our operations, negatively impacting the College’s financial outlook.” This letter was a follow-up response to an Aug. 19 statement in which Stephens and Gurek announced furloughs and budget reductions.