Virginia Among Leaders in Higher Ed Appropriation Increases
Posted: August 11, 2000 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
State higher education appropriations over the past five years in Virginia have increased by 8.9 percent, according to a new survey conducted by the American Association of State Colleges and Universities (AASCU). During the 1994-1995 fiscal year, Virginia appropriated $968 million toward higher education. For the 1999-2000 fiscal year, this figure increased to $1.4 billion.
As published in the AASCU newsletter, Memo, Virginia’s increase is the fourth highest in the United States over the past five years. The only states with higher education appropriations are Florida (10.4 percent), California (9.7 percent), and Nevada (9.4 percent). AASCU reports the national average during this same time period is 5.8 percent.
On a national level, AASCU reports that most states “continue to approve hefty increases in general fund appropriations for public colleges and universities, with overall state spending reaching record levels.” Despite this increase, AASCU notes that “while overall state funding of colleges and universities has increased substantially, higher education’s share of state funding has failed to recover its pre-recession levels.”