As Texas lawmakers consider what to do with an unprecedented $32.7 billion state surplus, leaders of the state’s six largest public university systems are pitching that nearly $1 billion be allocated toward higher education. If lawmakers agree, these university chancellors pledge to hold tuition flat for all undergraduate students for the next two academic years.
As Texas lawmakers consider what to do with an unprecedented $32.7 billion state surplus, leaders of the state’s six largest public university systems are pitching that nearly $1 billion be allocated toward higher education.
AUSTIN, TX - SEPTEMBER 26: A general view before a game between the UTEP Miners and the Texas Longhorns at Darrell K Royal-Texas Memorial Stadium on September 26, 2009 in Austin, Texas. The letter is signed by six chancellors: James Milliken of the University of Texas System, John Sharp of the Texas A&M University System, Renu Khator of the University of Houston System, Michael R.
The chancellors requested a nearly 7% — $352 million — increase in the money allocated through a funding formula for instruction, university buildings and research, arguing the state needs to increase general funding beyond enrollment growth. Last legislative session, lawmakers added $380 million to the two-year state budget at the last second to fully fund for student enrollment growth.
Meanwhile, average semester tuition and fees for a full-time student at a public university increased by 27% between 2014 and 2021, according to the Texas Higher Education Coordinating Board.The chancellors also proposed that the state put $80 million in funding specifically toward regional universities, which include schools such as Texas A&M International University in Laredo and the University of Texas at Tyler in East Texas.
They are asking the state to reimburse universities to cover the costs of veterans' dependents, an estimated $276 million.
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