CHICAGO (AP) — Chicago State University officials say they are preparing for possible layoffs next month as the university’s funds dwindle.

Notices of potential layoffs were sent in February to all 900 employees. University President Thomas Calhoun also eliminated spring break and announced the semester will end April 28.

On Monday, administrator Aleshia Renee Terry asked department chairs to begin collecting keys from faculty, staff, administrators and students “as soon as possible.”

Spokesman Thomas Wogan says the university has enough cash to make payroll through April 30. The school receives a third of its funds from the state.

Despite its financial problems, the university announced Tuesday it would open registration for the summer and fall semesters next week.