Under the Collective Bargaining Agreement between Pratt and UFCT Local 1460, Pratt committed $1,000,000 in equalization funds (2022–2027) to address minimum compensation rates and salary inequities among full- and part-time faculty. These funds are being distributed over three years: $400,000 in AY 2023–24, $400,000 in AY 2024–25, and $200,000 in AY 2025–26. The Equalization Fund for Fall 2025 has now been complete eligible faculty. 143 faculty were adjusted, and those receiv