Louisiana Board Of Regents Asks For $87M Budget Increase Next Year
The Louisiana Board Of Regents is asking Governor Bobby Jindal to increase the amount of funding they receive, to the tune of $87 million for next year.
While approving their 2014-2015 budget, the request includes an attempt for more money. The budget is now headed to Jindal's Division of Administration.
This new addition request comes after six years of budget cuts that have taken $690 million out of funding for colleges, and tuition has filled only part of that gap.
The breakdown of money would see a $36 million increase for two-year and four-year campuses and $17 millon for law schools, $4 million for research and $30 million to reduce the backlog for high-demand programs.
Jindal won't be unveiling his budget suggestions until the early part of 2014.