University Park, IL,
27
April
2022
|
12:00 PM
America/Chicago

Governors State Applauds Pritzker's Support of Higher Ed in FY 2023 Budget

GettyImages-1389711605

(UNIVERSITY PARK, Ill.) —Governors State University President Cheryl Green joined other public universities across the state in applauding the 5 percent increase in the 2023 budget recently by Gov. J.B. Pritzker.  Dr. Green said she appreciates Gov. Pritzker and state legislators for their support of higher education in Illinois.

“Governors State University is grateful to Governor Pritzker and the General Assembly for their commitment to higher education and for the resources provided to our outstanding students. We are excited about the impact we can make in the community and will continue to do so with the funds allocated to us.”

The $46.5 billion budget provides more than $2 billion for the state’s higher education system, including $68 million more to help stabilize community colleges and public universities and boost training and support of new minority teachers.

Additionally, the budget includes $601 million more for the Monetary Award Program (MAP), which provides need-based, grant awards to low-income students. More than half of GSU students qualify for MAP grants. The fund increase will now provide an additional 24,000 students support for tuition and fees as they pursue an undergraduate degree. The maximum award for students increased from $6,438 last year to $8,508 this year.

With the FY23 budget, GSU received $24.3 million, up from $23.9 million in FY22, to support its $61.6 million annual budget.

Pritzker’s signature was the last step in the budget approval process. The Illinois General Assembly approved it in April and the spending plan will take effect on July 1, 2022.

CONTACT

Zion Banks

zbanks@govst.edu

630-842-6427