July 17, 2025
By Ameek Abdullah Jamal, Essentially Sports: As the Interim President at the University of Southern California, Beong-Soo Kim’s biggest priority is to maintain a good financial foundation. But on July 14, he took up the task of writing a rather grim letter to his faculty and staff about the university’s structural deficit, which will directly create an unsettling environment.
Like many other programs, USC has witnessed a shift in federal support with regard to research and student financial aid, which could affect international student admission.
“The ultimate impact of these changes is difficult to predict, but for a university of our scale, the potential annual revenue loss in federally sponsored research funding alone could be $300 million or more,” Kim wrote in the letter.
“These external challenges come on top of a recurring, structural deficit in which the expenses generated by our operating model have significantly outpaced revenues for several years.”
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