INDIANAPOLIS  — Indiana’s public universities would see a $103 million cut in state funding under a plan from Gov. Eric Holcomb’s administration.

A memo from State Budget Director Zac Jackson proposed a 7% reduction in the state’s $1.7 billion in 2020-21 funding to the seven public colleges.

The cuts are due to significant drops in tax collections during the coronavirus outbreak.

The memo said the federal coronavirus relief package approved by Congress allocated nearly $82 million to Indiana’s colleges that can defray expenses such as lost revenue and technology costs associated with distance education.

 

 

Image by 3D Animation Production Company from Pixabay