MONROE, La. (AP) — University of Louisiana at Monroe President Nick Bruno will announce further budget cuts this week that will likely include the consolidation of ULM's five colleges into three.

The News-Star reports ULM spokeswoman Donna Bernard declined to provide details, but it's expected the surviving colleges will be business, arts and sciences and pharmacy. The colleges of health sciences and education will be absorbed into the new academic infrastructure.

Bruno announced on Oct. 9 the elimination of five administrative staff positions and said then he would announce another 30 position cuts before the end of October.

He estimated the first cuts will save ULM $375,000 annually. ULM has cut more than 250 positions since 2009.