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WASHINGTON George Washington (GW) University, excluding its Medical Center, incurred a $3.6 million deficit for last fiscal year and has projected a deficit as high as $7.8 million for this fiscal year, GW officials revealed recently.
The major contributing factors in the deficit are lower-than-expected enrollment and a resulting shortfall in tuition dollars. William D. Johnson, GW director of planning and budgeting, said recently.
According to budget office figures, 852 fewer students have enrolled for this semester than last fall semester, this is 723 fewer students than were projected for this fiscal year. The GW Hatchet, the university's newspaper, reported recently.
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