Gilmore Proposes $302 Million in Funds for Higher Ed.
Posted: December 18, 2000 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am
Gov. James Gilmore revealed plans on Friday to provide $302 million in “new funding” for higher education in Virginia. At a press conference in Richmond, Gilmore outlined the following proposed budget initiatives: $249 million for construction of new buildings and maintenance of existing structures; $5.8 million in tuition assistance; $1.1 million for scholarships for disadvantaged middle school students; $6.5 million to accommodate enrollment growth; and $12.8 million for faculty salary increases.
Of these funds, $31 million has been allocated to George Mason–$28 million toward the construction of Arlington II and $3 million toward equipment for Academic IV on the Fairfax Campus.
“My administration is committed to providing quality and affordable higher education for Virginia’s sons and daughters,” Gilmore said. “These initiatives will increase financial assistance to students, provide faculty salary increases, and greatly improve campuses at Virginia’s colleges and universities.”
The proposal to allocate these funds to Virginia’s colleges and universities will need to receive the formal blessing of the General Assembly.