Acting vice-president administration John Earnshaw told the Board of Governers Oct. 31 that Trent faces immediate financial problems.

        They have occurred since the 1997-98 operating budget was set last spring. He said they flow from enrolment shortfalls, unachieved savings, additional expenses resulting from the turnover of senior administrators and significant benefit cost increases, among other things.

        Earnshaw did not present solutions to the projected overrun. Further discussions with the Senate budget committee and the board's audit and finance committee will take place this month.