Penn St. Seeks Modest State Funding Increase
STATE COLLEGE, Pa. (AP) – Penn State trustees have approved a budget planthatseeksa5percent increase in state funding.
The request to increase state aid to $293 million comes roughly three months after the state Legislature trimmed aid to Penn State and 17 other schools that receive appropriations by nearly 20 percent.
School president Graham Spanier has said the increase is modest and takes into account the state's own fiscal challenges.
The total university budget of $4.1 billion would be roughly unchanged from the current year, according to the plan approved by university trustees. It would target $27 million in expense cuts.
But Spanier said the school must also make its case for additional support in light of increased costs, and to try to ease tuition hikes on students.