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U of L takes further action to address the financial effects of COVID-19

By Madelin Shelton and Eli Hughes

President Neeli Bendapudi has announced the actions that the University of Louisville will take to help alleviate some of the financial effects of COVID-19.

According to Bendapudi’s email, U of L is expected to lose $39 million by the end of the fiscal year. The athletic department is expected to add another $15 million to that loss.

“The impact of the COVID-19 pandemic on our University, hometown, state and nation has created a great deal of uncertainty for all of us,” said Bendapudi.

“From the very beginning, I have expressed to all of you that my utmost responsibility is to protect the health and well-being of our students, faculty and staff during this unprecedented time.