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U of M to cut $225M from budget over 2 years

The University of Minnesota will cut $225 million from its budget over two years, a reduction equal to about 12-15% of allocated operating revenue and affecting every unit across all campuses.[1]

University leaders blamed shifting enrollment, unpredictable state and federal funding, and rising costs for the reductions, and said the institution is shifting from a one-year to a two-year budget planning cycle.[1] Specific campus- and unit-level cut details have not been released, and chancellors and deans are expected to follow up with more information for their communities.[1]

The university said the budget gap stems from shifting enrollment, uncertain state and federal support, and rising operating costs, prompting the longer planning window to try to create more predictability.[1]

  1. FOX 9
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📌 Key Facts

  • The University of Minnesota will cut $225 million from its budget over two years, representing about 12–15% of allocated operating revenue.
  • Every unit across all campuses and locations, including the Minneapolis flagship, will participate in the reductions.
  • The university cites shifting enrollment, unpredictable state and federal funding, and rising costs as drivers, and is shifting from a one‑year to a two‑year budget planning cycle.
  • Specific campus‑ and unit‑level cut details have not yet been released; chancellors and deans are expected to follow up with more information.

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September 24, 2026
5:54 PM
University of Minnesota cutting $225M from its budget over 2 years
FOX 9 Minneapolis-St. Paul by [email protected] (Kilat Fitzgerald)