ST. LOUIS (KSDK) – A University of Missouri-St. Louis student committee has upheld its decision to eliminate funding for The Current, the university's award-winning student newspaper, staff members wrote in a news release.
The Current had asked for a $29,924 subsidy coming from student activity fees. That budget was ultimately slashed to $0, according to a news release from the Current. NewsChannel 5 reached out to UMSL for comment, and has not heard back.
Without the subsidy, the newspaper claims it won't be able to survive.
The Current was initially told about the funding cut on March 19, and appealed the decision on April 4.
Founded in 1966, the Current has won numerous awards – including "Best In State" from the Missouri Media Association. It is entirely student-run and published weekly through the fall and spring semesters on Mondays.
The newspaper accrued a deficit during the 2009-2010 and 2011-2012 school years, according to the news release. The Current claims it has since reduced its debt by adding a number of cost-cutting measures.
Read The Current online here: http://thecurrent-online.com/.