BOARD ALLOCATES FINAL YEAR OF FEDERAL STIMULUS FUNDING

FOR IMMEDIATE RELEASE
June 23, 2010


BOARD ALLOCATES FINAL YEAR OF FEDERAL STIMULUS FUNDING

$90 Million Distributed Among State’s 32 Public Colleges & Universities over 3 Years

(TOPEKA) – Today the Kansas Board of Regents distributed $40 million in Federal American Recovery and Reinvestment Act (ARRA) funds among the state’s 32 public colleges and universities. This represents the final distribution of a three-year program which has provided nearly $90 million in federal stimulus funds to the state’s public universities, community colleges, and technical colleges. Colleges and universities were required to use the funds for deferred building maintenance projects and/or tuition cost mitigation.

“This vitally important federal funding has served as a life-preserver for our state’s higher education system as we’ve been forced to absorb a 13% budget cut,” said Regent Jill Docking, of Wichita, Chair of the Kansas Board of Regents. “These funds have been used to address critical campus maintenance needs, in turn stimulating local economies and improving student learning environments. In addition, institutions have used these funds to mitigate the tuition burden on students during this challenging economic environment.”

 

Today's (FY11) ARRA Distribution   Total (FY09-11) ARRA Distribution
         
State Universities $32,151,982   State Universities $72,020,441
Community Colleges  $6,029,986                  Community Colleges $13,507,170
Technical Colleges  $1,061,752      Technical Colleges   $2,378,325
Washburn University     $756,280   Washburn University   $1,694,067
FY11 Total: $40,000,000   FY09-11 Total: $89,600,003

 The FY11 ARRA distribution recommendation packet can be viewed here.

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About the Kansas Board of Regents:

The nine-member Kansas Board of Regents is the governing board of the state’s six universities and the statewide coordinating board for the state’s 32 public higher education institutions (seven public universities, nineteen community colleges, and six technical colleges). In addition, the Board administers the state’s student financial aid, adult education, GED, and career and technical education programs. The Board also authorizes private proprietary schools and out-of-state institutions to operate in Kansas, and administers the Kan-ed network, a statewide network that provides broadband Internet access and distance learning capabilities for schools, hospitals, and libraries.

For more information, contact Kip Peterson at (785) 296-3421 or at kpeterson@ksbor.org.

Visit the Kansas Board of Regents online at www.kansasregents.org.