TEL AVIV (May. 16)
Two major Israeli institutions of higher learning face severe financial difficulties and one of them may not re-open when the fall term begins next Sept. Tel Aviv University, which has an $8.33 million deficit that the government refuses to cover, will follow its regular schedule to the end of the current academic year, but will be able to pay only part of the salaries of its faculty and administrative staff, the university’s executive board decided today. The university’s board of trustees has been called to discuss the possibility of not re-opening next fall.
Meanwhile. Alexander Goldberg, president of the Haifa Technion, said today that serious financial difficulties have developed because of outs in government grants. Addressing a meeting of Technion graduates in Haifa, Goldberg said, however, that the Technion does not believe in closing down threats. The situation at Tel Aviv University developed when Education Minister Yigal Allon told its president. Prof. Yuval Ne’eman and Prof. Shlomo Simonson, the rector, that the government could not possibly cover its deficit.
Tel Aviv University operates on a budget of about $30 million of which $3 million comes from its own resources and $15 million is supplied through government grants, As a result of the fiscal troubles, the executive board decided to discontinue the payment of debts guaranteed by government or local councils and to discontinue payments to governmental and municipal bodies.