Bounds: Universities face funding shortfalls
by Associated Press
Published: October 17,2011
AROUND MISSISSIPPI — A higher education leader says declining state revenues and the loss of one-time federal money will mean fewer dollars for Mississippi universities.
Hank Bounds, Mississippi’s higher education commission, told The Sun Herald the eight public universities have taken cuts in the past three years but had federal aid to make up for it.
Bounds says money earmarked for certain areas likely will be reduced, as well as research dollars. Mississippi gets an average of $500 million each year for research. He also says federal Pell grants are in jeopardy.
Bounds says higher education officials need to work with those in elementary and secondary schools to make sure students get a good foundation and are able to go on to college and succeed.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- MSU Foundation names five new members
- MDA introduces new 'Mississippi Homecoming' tourism ad campaign
- Crowded field lines up for Jackson mayoral election
- Another fiberhood qualifies for C Spire 1-gigabit Internet service
- Cochran questions nominee concerning Stanford ponzi scheme
- DMR pays accounting firm more than double contract's worth
- George’s Girls put shopping skills to work
- Reactive Surfaces files lawsuit against Toyota in patent dispute
- Following ruling, Entergy to hand over records to county