That’s very good for them. But next year there will be another shortfall, and another and another. If they get $6M, it funds six weeks of operations, and then it’s gone.
They have an endowment of $72M and debt of $79M., That’s not good.
This is hard. They can’t raise tuition (or cut FA) and fill their seats. They can’t cut expenses without a rebellion. Either of these risks what @Catcherinthetoast correctly points out is a death spiral.
If they want to solve this with endowment, they need to raise not $6M but something more like $30M.