See the link below. From the article:
”UNIVERSITY PARK, Pa. — During his annual budget address on Tuesday, Feb. 8, Pennsylvania Gov. Tom Wolf unveiled a proposed state budget for 2022-23 that includes a 5% funding increase for Penn State, in addition to $2.35 million in new funding for Invent Penn State, a program focused on driving economic development and entrepreneurship across the state.
The proposed 5% increase aligns with the University’s 2022-23 appropriation request and would apply to Penn State’s general support appropriation — which allows Penn State to offer an in-state tuition rate that benefits about 45,000 Pennsylvania resident students each year — as well as to Penn State Agricultural Research and Cooperative Extension and Pennsylvania College of Technology.
The governor’s proposal will require the approval of the Pennsylvania General Assembly in order to be included in the state’s final budget in late June. If approved, the increase would be Penn State’s first since a 2% increase for the 2019-20 academic year.
“Penn State is grateful to Gov. Wolf for his strong commitment to public higher education in Pennsylvania, and in particular to his steadfast support for Penn State, especially as the commonwealth continues to navigate the challenges of the coronavirus pandemic,” said Penn State President Eric J. Barron. “Penn State’s focus has been to reduce the overall cost of a degree, and this increased investment from the commonwealth would significantly aid our efforts to provide students from across Pennsylvania with an affordable, high-quality Penn State education. At the same time, increased funding would allow us to invest in the excellence of our academic programs so that a life-changing Penn State degree can continue to serve as a beacon for upward mobility for Pennsylvania’s working families.”“
Got-thisness.
”UNIVERSITY PARK, Pa. — During his annual budget address on Tuesday, Feb. 8, Pennsylvania Gov. Tom Wolf unveiled a proposed state budget for 2022-23 that includes a 5% funding increase for Penn State, in addition to $2.35 million in new funding for Invent Penn State, a program focused on driving economic development and entrepreneurship across the state.
The proposed 5% increase aligns with the University’s 2022-23 appropriation request and would apply to Penn State’s general support appropriation — which allows Penn State to offer an in-state tuition rate that benefits about 45,000 Pennsylvania resident students each year — as well as to Penn State Agricultural Research and Cooperative Extension and Pennsylvania College of Technology.
The governor’s proposal will require the approval of the Pennsylvania General Assembly in order to be included in the state’s final budget in late June. If approved, the increase would be Penn State’s first since a 2% increase for the 2019-20 academic year.
“Penn State is grateful to Gov. Wolf for his strong commitment to public higher education in Pennsylvania, and in particular to his steadfast support for Penn State, especially as the commonwealth continues to navigate the challenges of the coronavirus pandemic,” said Penn State President Eric J. Barron. “Penn State’s focus has been to reduce the overall cost of a degree, and this increased investment from the commonwealth would significantly aid our efforts to provide students from across Pennsylvania with an affordable, high-quality Penn State education. At the same time, increased funding would allow us to invest in the excellence of our academic programs so that a life-changing Penn State degree can continue to serve as a beacon for upward mobility for Pennsylvania’s working families.”“
Got-thisness.
