Tag: Illinois education funding

State Board of Higher Education sends recommendation of 4% budget increase to governor

The Illinois Board of Higher Education (IBHE) recommended a 2026 fiscal year budget that increases funding to continue to support the implementation of the equity-driven higher education strategic plan, A Thriving Illinois. The budget recommends an overall 4% increase, which represents an increase of $108.8 million, in higher education funding,[Read More…]

Pritzker touts higher education investments in FY24 budget

Gov. J.B. Pritzker’s announced his proposed FY24 budget on Wednesday, Feb. 15, and highlighted the higher education budget of $2.47 billion, an increase of $219 million (9.7%) compared to the previous fiscal year.  Notable highlights from the budget include a $100 million increase for the Monetary Award Program (MAP), an $80.5[Read More…]

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