2 percent cut
Anticipating many new requests for financial aid, Boston College President Rev. William P. Leahy announced a university-wide 2 percent budget cut
to increase the school's financial aid budget.
The cut will total $2.5 million. In a letter, Leahy stated that the need for additional funds will be "critical," especially as "some BC families struggle with lost jobs and diminished home values."
Pictured, Leahy (left) with Secretary of State Condoleezza Rice at a BC graduation.