financial strength

<p>The President pointed out that we’ve been shielded from some cuts because of the economic stimulus. What’s more, the funds for the South Lawn project and the new residence halls was dedicated to those projects, so they continue as planned. I think we’ve been extremely conservative with budgets at all levels for the last few years. </p>

<p>There is a hiring freeze, but there have been hires during this period. Perhaps there were some positions in the works when the freeze was announced.</p>