Wednesday, January 25, 2012

Kentucky Higher Education: Beshear 2012 Budget Address - Universities to face cuts -Mike Wynn, Courier-Journal

Funding:
This year: $1.25 billion
2012-13: $1.17 billion (down 6.4%)
2013-14: $1.18 billion (up 0.9%)

What they get:
The two-year budget for postsecondary education cuts spending by 6.4 percent next year, but fully funds student financial aid programs, including the Kentucky Educational Excellence Scholarship, among others. Appropriations would essentially remain constant in the second year of the biennium.