Nixon Restores Funding for Public Colleges and Universities
JEFFERSON CITY - Gov. Jay Nixon submitted an amendment to his recommended budget for the 2013 Fiscal Year that restores $40 million in funding for Missouri's public colleges and universities Tuesday.
Attorney General Chris Koster announced that Missouri is expected to receive a total of more than $140 million in benefits under a proposed settlement by states' attorneys general. Nixon's budget amendment directs $40 million to Missouri's public colleges and universities from the state's General Revenue fund.
Nixon will meet with the presidents and chancellors of Missouri's two and four-year colleges and universities on Thursday to brief them on the amendment to the budget. The recommended budget already includes funding for Missouri's student scholarship programs such as A+, Bright Flight and Access Missouri.