Penn State will finally be getting its funding from the state. On Wednesday night, the General Assembly ended its budget impasse, including approving appropriations for Penn State and the other state-related universities.
State funding for Penn State had been in limbo since the start of the fiscal year in July. So much so, the university suggested students might get a bigger tuition bill midyear.
That waiting game ended when the General Assembly approved funding for Penn State. The budget means a mid-year tuition bump for students is off the table.
Zack Moore, Penn State vice president, said the university was relieved.
“Our students and alums really spoke to their elected officials about the importance of Penn State," Moore said. "We’re going to need to keep that up in the future. It is a difficult economy sometimes and the state’s revenues have been lagging, so they really look closely at every expenditure, so they really need to know that Penn State is a good investment.”
State funding helps keep tuition lower for in-state students.
The university will get $230.4 million in general support appropriation, plus funding for Penn State Hershey, Penn College and agricultural research and cooperative extension.
The governor is expected to sign the bill.