CAPE GIRARDEAU, MO (KFVS) - Southeast Missouri State University, like many other public colleges and universities in Missouri, have been dealing with shrinking budgets the past few years.
The Southeast Board of Regents said it needed to close an expected $20 million budget gap between 2011-2015.
Wednesday, the board announced that it has already filled $9.55 million of that gap.
The board said part of that gap is being filled by the three dollar per credit hour fee increase, with the other dollars coming from cuts and streamlining departments.
One thing the university will do is increase class sizes and place more emphasis on popular educational programs, while cutting others.
"Staffing is one of our main concerns," said Al Spradling with the Board of Regents. "We want to focus on the educational areas with the most student interest."
The 2012 operating budget will be $96.7 million.