11/14/2025
Webster University President Tim Keane announced Friday that the university ended the 2025 fiscal year with a positive cash flow — the first time since 2014.
In an email sent to the global Webster community, Keane said the university faced crises on multiple fronts, with the new leadership team carrying out a “complete restructuring” over the past year.
According to Webster’s “Transformation 2025” report, included in the email, the university retired $19 million in bond debt, added more than $3 million to its endowment, and worked with the Department of Education to eliminate restrictions on $40 million in student financial aid, including scholarships, work study and loans. The report also states that Webster achieved its highest credit hour total since 2015 and recruited the largest number of international students in its history.
The restructuring for the fiscal year that ended May 31 included eliminating the chancellorship and selling the university-owned residence tied to the position. A “productivity improvement initiative” also reduced inefficiencies and “saved millions,” according to the report.
“If external forces like the federal policies targeting higher ed do not derail our path forward, Webster will continue our turnaround with the help of supporters like you. We are thankful for that continued support,” Keane wrote in the email.
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Story and graphic by Chloe Sapp
Photo by Vanessa Jones
