UNC-Chapel Hill is set to spend $47.93 billion next fiscal year, according to a new all-funds budget approved by the Board of Trustees.
Chief Financial Officer Nathan Knuffman presented the plan to the trustees this week. He said UNC-Chapel Hill is still facing multiple funding uncertainties, both from the state and federal governments.
The federal government awarded about 100 fewer HHS research grants to UNC-Chapel Hill last year, according to a presentation from the head of the university’s federal relations. Kelly Dockham said the U.S. Office of Management and Budget also hasn’t released already appropriated funding to the National Institutes of Health for fiscal year 2026.
Administrators feared more severe cuts, but Knuffman said those are unlikely for now…