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Auburn University Reports $15 Million in Losses Due to Coronavirus Pandemic

Added 07-11-20 11:38:03am EST - “"The University refunded approximately $13 million for room and board as well as study abroad fees for the spring semester."” - Legalinsurrection.com

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Posted By TheNewsCommenter: From Legalinsurrection.com: “Auburn University Reports $15 Million in Losses Due to Coronavirus Pandemic”. Below is an excerpt from the article.

“The University refunded approximately $13 million for room and board as well as study abroad fees for the spring semester.”

When the total amount lost by schools due to coronavirus is finally tallied, it’s probably going to be in the hundreds of billions.

As Auburn University approaches four months since its initial move to remote instruction because of the COVID-19 pandemic, the institution has reported $15 million in losses between the transition online in the spring and its recent reopening for summer.

The Plainsman recently spoke to Kelli Shomaker, Auburn’s chief financial officer, for a more in-depth look into the University’s finances before students, faculty and staff return for the fall.

Shomaker: The University refunded approximately $13 million for room and board as well as study abroad fees for the spring semester. There have been no student refunds for the first summer semester.

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