LINCOLN, Neb. ( Nebraska Examiner ) - The University of Nebraska will offer a buyout program for eligible tenured faculty this fall as the NU system and individual campuses seek to shore up multi-million-dollar budget gaps.

NU President Jeffrey Gold, announcing the “ Voluntary Separation Incentive Program ,” or VSIP, on Friday, said it is part of ongoing efforts to position NU “for long-term strength and financial sustainability.” Tenured faculty who are at least 62 years old and have at least 10 years of service with NU by the time of separation in 2026 will be eligible.

Eligible faculty could receive a lump sum payment of 70% of one year of the annual base salary they are paid as of Oct. 1.

Applications open Sept. 1 and will be accepted by 5 p.m. on Sept. 30. NU intends to allow a

See Full Page