The University of Nebraska-Lincoln finalized a plan to cut $12 million from its budget by trimming areas related to instruction and operations, as well as reducing its budget for diversity and inclusion. Chancellor Rodney Bennett announced the finalized budget cuts, which were made public last November, in a message to UNL faculty, students and staff on Thursday. The need to enact budget cuts stems from a $23 million structural deficit created by dwindling enrollment and increased costs. UNL previously finalized nearly $11 million in cuts last June.