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UI President Says School Will Avoid Immediate Cuts

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IOWA CITY (AP) - The president of the University of Iowa says the school won't have to institute furloughs or salary cuts thanks to federal stimulus money.

President Sally Mason says in a budget update to faculty and staff sent Tuesday that the federal money will let the university avoid such cuts. The state cut the university's budget for the upcoming fiscal year by $34 million, but one-time federal money will make available $19 million as a budget supplement and another $15 million to faculty and staff through a competitive grant
process.

Iowa spokesman Steve Parrott says the school still expects to cut university employment through attrition to prepare for expected budget cuts in fiscal year 2011.

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