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UCF estimates $49M loss due to COVID-19

state Florida county Orange covid-19 president pandemic travelers
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ORANGE COUNTY, Fla. – The University of Central Florida is operating on the assumption that campus will open in the fall, according to the president.

During a virtual board of trustees meeting, he announced the university will be taking a large financial toll due to the pandemic.

UCF announced it will take a nearly $49 million hit due to COVID-19, through August. The announcement came just days after Alexander Cartwright took his post as new UCF President.

Cartwright said they've been cutting costs through a hiring freeze, travel reductions and restrictions on raises. Unsure about the future enrollment predictions, Cartwright remained optimistic as he spoke to the board of trustees. "We don't know what will happen or who will show up in the

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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