The complex formula, mirroring K-12 overhauls, prioritizes adequate and equitable funding for historically underfunded regional and minority-serving institutions. The State of Illinois is exploring a novel funding model for its 12 four-year public colleges and universities that, if executed as proposed, would distribute state funds more equitably in ways that would particularly benefit regional and minority-serving institutions.
(The Center Square) – The Illinois Board of Higher Education has unanimously approved a $180 million increase for their recommended budget for fiscal year 2024, which if approved by state lawmakers would be $2.5 billion in taxpayer funding in total.
(The Center Square) – The Illinois Board of Higher Education has unanimously approved a $180 million increase for their recommended budget for fiscal year 2024, which if approved by state
(The Center Square) – The Illinois Board of Higher Education has unanimously approved a $180 million increase for their recommended budget for fiscal year 2024, which if approved by state lawmakers would be $2.5 billion in taxpayer fun.
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