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The University of California spent $558 million in unanticipated costs arising from the coronavirus pandemic in March alone, according to the Los Angeles Times.
Janet Napolitano, president of the UC system, wrote a letter detailing the financial impacts to Gavin Newsom, California’s governor, and state legislative leaders. The estimated lost monthly revenue for the system is about $100 million, according to the Times.
Napolitano is asking for more funding to weather the pandemic.
Beyond room and board refunds, costs for moving online, and loss of auxiliary revenue, the system is also facing mounting costs from fighting the virus. UC’s health centers and researchers are treating COVID-19 patients and searching for treatments.
The state is facing its own budget shortfalls. Analysts estimate California could have a deficit of $35 billion soon.