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The Student News Site of Biola University

The Chimes

The Student News Site of Biola University

The Chimes

The Student News Site of Biola University

The Chimes

A snapshot of Biola’s finances during COVID-19

A snapshot of Biola’s finances during COVID-19
Biola is managing to stay afloat in the midst of a pandemic that has left many financially unstable.
Lacey Patrick and Natalie Willis February 15, 2021

Despite higher enrollment rates than expected last year, Biola has cut expenses and downsized staff in order to combat the financial stressor of the coronavirus pandemic. Even with the lack of housing revenue, the university is managing to withstand a financially challenging season. FINANCIAL IMPACT...