Bipartisan budget cuts public colleges, spares financial aid
BY JACQUELINE RABE THOMAS | CT MIRROR
The tentative state budget agreement between Republican and Democratic leaders would cut the state’s share of funding for public colleges and universities by $79 million this fiscal year.For UConn, the cuts are slightly more than those in the budget put forth earlier by Democrats and significantly less than those in the Republican plan adopted by the legislature and vetoed by Gov. Dannel P. Malloy.
The state block grant to the University of Connecticut and its health center will be cut $65 million – a 17 percent reduction.The block grant for the Board of Regents – which oversees the state’s 94,000-student system of 12 community colleges, four regional state universities and an online college – will be cut $14 million this year. That’s a 4 percent reduction, about the amount anticipated in both parties’ plans.