Governor Lombardo's Executive Budget includes funding to cover the continued cost the historic Cost-of-Living Adjustments (COLAs) provided to the faculty and Classified staff of NSHE colleges and universities in FY2024 (12%) and FY2025 (11%). In advance of the legislative hearing on NSHE budgets on March 11, 2025, the Nevada Faculty Alliance is publishing a white paper on the history of the funding and budgeting policy for NSHE COLAs:
Without the supplemental state funding for continuation of the COLAs, students will pay higher fees, the current budget cuts and position vacancies will become permanent, and/or additional cuts will be necessary to cover one-time budget remediations.
