SF State is in discussions with a foundation regarding potential funding to address a significant budget shortfall of $25 million caused by declining enrollment and reduced state funding. Without financial assistance, the university may need to phase out operations at the Romberg Tiburon marine research center, which is vital for various scientific research activities. Although the deal is still in discussion stages, the university is optimistic about exploring this relationship further, with plans to finalize decisions by January 2026.
"Due to dropping enrollment and new reductions to state university funding, SF State faces a budget shortfall of approximately $25 million."
"The deal is far from locked down. The parties have not agreed yet on how much funding the foundation might contribute in the interim while SF State looks for a new owner for the campus."
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