SPRINGFIELD – Today, Illinois Board of Higher Education Executive Director Ginger Ostro issued the following statement following the signing of the fiscal year 2027 state budget package:
Get The Latest News!
Don't miss our top stories and need-to-know news everyday in your inbox.
“We are grateful to Governor Pritzker, legislative leaders and members of the General Assembly for enacting a budget that includes crucial funding for higher education. Illinois continues to recognize that investment in higher education, even when we are experiencing difficult fiscal times, is foundational to a thriving, prosperous state. The budget for the 2027 fiscal year includes a one percent increase in operating funds for both public universities and community colleges, and the budget calls for the reserves from fiscal year 2026 to be released to institutions. It maintains funding for crucial scholarships to keep students in Illinois and to provide opportunities for students with limited resources to attend college. The budget also includes $400 million in new funding for deferred maintenance at public universities and community colleges, which will further ensure students have the classrooms, lab space, hands-on learning and facilities necessary for an education that will prepare them for successful careers today and in the future.”
Budget Highlights:
More like this:
