Frustrated students share funding ideas - Lane Smith, Daily Illini

Associate Provost Andrechak gave a presentation titled “Planning in a Period of Uncertainty,” in which he outlined the administration’s previous efforts to inform students of the financial crisis and provided budgeting data and analysis. He said in this past fiscal year, the state owed the University funds in excess of $400 million. This absence of allocated state funds is the main cause of the University’s poor financial state. He added that the University received $45.5 million in stimulus money, which will not be renewed in the upcoming year.