The leaders of Texas’ six biggest university systems want lawmakers to funnel nearly $1 billion into higher education as the Legislature considers what to do...
In exchange for more state funding, six of the state university system chancellors are vowing to hold tuition rates flat across their schools for all undergraduates for the next two years.The leaders of Texas’ six biggest university systems want lawmakers to funnel nearly $1 billion into higher education as the Legislature considers what to do with the $32.7 billion state surplus.
Phelan declined to comment while the other policymakers who the letter was addressed to did not respond to The News. During the last session, lawmakers created a program to funnel additional money toward regional public universities and provided one year of federal funding for such schools. Chancellors are now proposing an additional investment of $80 million into those schools, which would provide two years of funding “to help at-risk students graduate and enter the workforce.”
In order to avoid “unduly penalizing tuition-paying students” and to start off each biennium without a funding deficit caused by such expenses, they proposed that the state fully reimburse the schools an estimated $276 million for the program.
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