Fiscal Year 2025 State Budget Continues Important Investments in Higher Education
Information
Title
Fiscal Year 2025 State Budget Continues Important Investments in Higher Education
Description
Today, Governor JB Pritzker signed the fiscal year 2025 state budget that includes a historic general funds appropriation of $2.6 billion for higher education, an increase of nearly $76 million (3 percent) compared to the previous fiscal year. Meaningful investments include operating funds increases of $24.6 million (2 percent) for public universities and $5.9 million (2 percent) for community colleges, plus a $10 million increase for the Monetary Award Program (MAP).