Notre Dame de Namur University announced July 9 that it has reached an agreement with its faculty union to extend and modify a collective bargaining agreement with the teachers through Aug. 14, 2021.

The move continues the Belmont school’s efforts to answer difficulties including low enrollment and limited cash reserves.

“NDNU has been diligently working on ways to continue in a new format as a learning institution for both the short and longer term,” the school said in a statement. “The university has been exploring all options to provide students close to graduating a guaranteed pathway to finish their degrees.”

The school announced in March that it would not be accepting new students while working its way back to financial good health.

While moving to what the school called “proportional pay” to “minimize and delay” faculty layoffs the much-reduced student enrollment as compared to fall 2019 means fewer teachers will be needed.

The school said it will offer severance pay to any full-time faculty who are laid off and cannot find a position elsewhere at equivalent salary.

“Without a faculty agreement, eligible students would not have been able to continue through spring 2021 to finish their degrees,” the school said.

The above comes from a July 9 story in Catholic San Francisco.