“Governor proposes 7.1% increase for Penn State’s 2023-24 general support funding”

BobPSU92

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Oct 12, 2021
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See the link below. From the article:

”UNIVERSITY PARK, Pa. — Pennsylvania Gov. Josh Shapiro proposed a 7.1% funding increase for Penn State’s 2023-24 general support appropriation and for Pennsylvania College of Technology, and a 2% funding increase for Penn State Agricultural Research and Cooperative Extension, during his first budget address as governor, which was delivered March 7 during a joint session of the Pennsylvania General Assembly.

The governor’s proposed 2023-24 budget also includes $2.35 million for the Invent Penn State initiative, matching the state’s initial investment last year in the entrepreneurship-focused program.

Penn State’s general support appropriation, which helps to offset the cost of tuition for Pennsylvania resident students, last increased in 2019-20, when lawmakers approved a 2% funding boost.

“We are very appreciative that Gov. Shapiro has proposed to increase Penn State’s funding for the next fiscal year, particularly after three consecutive years of flat funding for our general support appropriation,” said Penn State President Neeli Bendapudi. “From keeping tuition costs lower for in-state students, to serving as a repository of knowledge and research-based problem-solving for the state’s agriculture industry, to driving economic development and preparing the state’s next generation of entrepreneurs, workers and leaders, the commonwealth’s investment in Penn State impacts the lives of all Pennsylvanians.

“This is the beginning of a new partnership with the governor and his administration, and I look forward to working with him and the General Assembly in the months and years ahead to continue to address the needs of our students and strengthen Penn State’s impact on the commonwealth.””


And,

“The governor’s funding proposal falls short of the 47.6% ($115.2 million) increase requested by the University for its 2023-24 general support funding — a request designed to place Penn State’s in-state students on equal financial footing with their peers at Pennsylvania’s other public universities. Penn State receives the lowest funding in the state on a per-student basis, lagging behind the commonwealth’s other public institutions by between $2,600 and $3,400 per Pennsylvania resident student.“



On the plus side, we have a “new partnership”. Is that like an alliance? o_O
 

Bkmtnittany1

Well-known member
Oct 26, 2021
4,485
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See the link below. From the article:

”UNIVERSITY PARK, Pa. — Pennsylvania Gov. Josh Shapiro proposed a 7.1% funding increase for Penn State’s 2023-24 general support appropriation and for Pennsylvania College of Technology, and a 2% funding increase for Penn State Agricultural Research and Cooperative Extension, during his first budget address as governor, which was delivered March 7 during a joint session of the Pennsylvania General Assembly.

The governor’s proposed 2023-24 budget also includes $2.35 million for the Invent Penn State initiative, matching the state’s initial investment last year in the entrepreneurship-focused program.

Penn State’s general support appropriation, which helps to offset the cost of tuition for Pennsylvania resident students, last increased in 2019-20, when lawmakers approved a 2% funding boost.

“We are very appreciative that Gov. Shapiro has proposed to increase Penn State’s funding for the next fiscal year, particularly after three consecutive years of flat funding for our general support appropriation,” said Penn State President Neeli Bendapudi. “From keeping tuition costs lower for in-state students, to serving as a repository of knowledge and research-based problem-solving for the state’s agriculture industry, to driving economic development and preparing the state’s next generation of entrepreneurs, workers and leaders, the commonwealth’s investment in Penn State impacts the lives of all Pennsylvanians.

“This is the beginning of a new partnership with the governor and his administration, and I look forward to working with him and the General Assembly in the months and years ahead to continue to address the needs of our students and strengthen Penn State’s impact on the commonwealth.””


And,

“The governor’s funding proposal falls short of the 47.6% ($115.2 million) increase requested by the University for its 2023-24 general support funding — a request designed to place Penn State’s in-state students on equal financial footing with their peers at Pennsylvania’s other public universities. Penn State receives the lowest funding in the state on a per-student basis, lagging behind the commonwealth’s other public institutions by between $2,600 and $3,400 per Pennsylvania resident student.“


On the plus side, we have a “new partnership”. Is that like an alliance? o_O
How much funding for new bar stools and tables at The Phyrst???
 
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PSUFTG

Well-known member
Nov 1, 2021
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This seems like a victory for Neeli, no?
The State Budget (and the PSU appropriation) are still a long way from being passed/finalized - but hopefully won't be as drawn out a process as last year.

PSU asked for $115 Million increase - Shapiro's proposal is for $12 Million increase (in general appropriation)
 

BobPSU92

Well-known member
Oct 12, 2021
17,265
26,136
113
The State Budget (and the PSU appropriation) are still a long way from being passed/finalized - but hopefully won't be as drawn out a process as last year.

PSU asked for $115 Million increase - Shapiro's proposal is for $12 Million increase (in general appropriation)

Baby steps. PSU will get $115 MM in 100 years, when they’re requesting $1.5 B.
 
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razpsu

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Oct 19, 2021
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Psu admin is now thinking of a way to spend 7percent more on administration jobs. Actually probably more like 8%.
 

Midnighter

Well-known member
Oct 7, 2021
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The State donkey’s don’t like us 😕

Would you? Penn State shows up like:



Then:

 

Nits74

Well-known member
Oct 19, 2021
1,088
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Psu admin is now thinking of a way to spend 7percent more on administration jobs. Actually probably more like 8%.
I would think that money would go to the alleged victims. I mean, after all.
 

91Joe95

Well-known member
Oct 6, 2021
2,843
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The State Budget (and the PSU appropriation) are still a long way from being passed/finalized - but hopefully won't be as drawn out a process as last year.

PSU asked for $115 Million increase - Shapiro's proposal is for $12 Million increase (in general appropriation)

Ask for the moon, get Detroit.
 

PSU Mike

Well-known member
Oct 6, 2021
2,341
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The State Budget (and the PSU appropriation) are still a long way from being passed/finalized - but hopefully won't be as drawn out a process as last year.

PSU asked for $115 Million increase - Shapiro's proposal is for $12 Million increase (in general appropriation)
Whoa, a buck a head?
 

Nitwit

Well-known member
Oct 12, 2021
1,481
2,223
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The State Budget (and the PSU appropriation) are still a long way from being passed/finalized - but hopefully won't be as drawn out a process as last year.

PSU asked for $115 Million increase - Shapiro's proposal is for $12 Million increase (in general appropriation)
It sounds like it doesn’t get settled until the budget passes on June 30th, so it’s a long way still. You never get what you ask for I suppose. So is the Governor’s proposal really $103 Million short of what PSU asked for (115-12)? I don’t understand what these numbers mean.
 

Hardslider33

Well-known member
Oct 6, 2021
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temple and pitt hate us even more. They might get a lot more money from the state if it weren’t for us. We’re the 800-lb. gorilla in the room.
We’re a PSU family but I do work for a firm in Columbus and most are alumni of OSU.
in state is about $9k a semester because of money that the state kicks in to fund their state school. Huge difference in the mindset of elected state government officials. It’s also why we have offices in Arizona, Texas and Florida but not PA
 
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