UA Projects a $250 Million Drop in Revenue Thanks to COVID-19

The UA can expect a $250 million drop in revenue along with a significant drop in new enrollment of both in-state and out-of-state students, according to UA President Robert C. Robbins.Robbins delivered the grim news via an April 29 email to faculty and staff. The UA is predicting: • $250 million loss in revenue through June 2021;• Auxiliary income loss of $58.2 million in revenue, including Intercollegiate Athletics;• A decrease in philanthropic gifts and investment income from c