Funding for UNLV’s medical school building may be collapsing as two megadonors, citing concerns over the Nevada Board of Regents’ leadership, have rescinded or begun reconsidering gifts totaling $39 million. Future gifts also are in question.

The I-Team has obtained a letter from UNLV President Len Jessup that was sent out to the campus community Wednesday saying media reports about his pending departure are misleading.

The Nevada Independent is reporting that UNLV president Len Jessup has been given a week to resign or be terminated.

At a time when the state’s colleges are inwardly focused on their own strategic growth, they’re also being asked to look beyond Nevada’s borders for ways to make gains in student success.