The University of Maryland, College Park will freeze hiring and reduce its staff through retirements and possible layoffs as it attempts to cut $14.6 million from its 2010 budget, President C.D. "Dan" Mote wrote Monday evening in an e-mail to the university community.
The budget reductions will be part of the state university system's $37.8 million contribution to $281 million in cuts ordered by Gov. Martin O'Malley to begin covering a massive shortfall for this fiscal year.
Mote noted that the university had already trimmed its $420 million budget by about 2.5 percent but said further cuts are unavoidable. He also warned that cost reductions will not fix the budget immediately and that the absence of federal stimulus money could make fiscal 2011 even more difficult.
Mote said that the university will add master's level courses for aspiring professionals, a new array of short courses and larger course loads for its summer and winter terms in an attempt to generate more revenue.
"Through our shared commitments to increase revenues, and to reduce the costs of delivering instruction, research and administrative services, we will emerge from this budgetary setback a more determined and efficient university," Mote wrote.
Chancellor William E. Kirwan, who has said that a tuition increase in January is possible, will present an overall plan for cuts to the university system's board of regents at the end of this week. O'Malley is then expected to recommend another $420 million in statewide cuts by Labor Day.