The University of Missouri is dealing with tough times, and now there are numbers to detail exactly how tough they are.

In a story by bizjournals.com, Missouri Interim Chancellor Hank Foley said the school is expecting 1,500 fewer students than are enrolled at the moment. Of course, that results in the university being hit where it hurts the most: in its fiscal budget.

The budget gap is said to be $32 million for the 2017 fiscal year.

Foley said Missouri will take certain measures as a result that include a 5 percent reduction for all annual recurring general revenue budgets, a hiring freeze and the forgoing of annual merit increases.

As for the budget gap, reserves will be used to assist with that. If necessary, it’ll balance the budget with more cuts the following year.

To address the decline in enrollment, the school is having to step up its efforts to recruit from out of state and rework their Admissions materials.

In February, it was reported that the university lost approximately $2 million in donations in the wake of student protests against alleged racism on campus that resulted in the resignation of University of Missouri System President Tim Wolfe.