FY25 State Budget Continues Investments In Higher Education

Governor JB Pritzker signed the fiscal year 2025 state budget that includes a historic general funds appropriation of $2.6 billion for higher education, an increase of nearly $76 million (3 percent) compared to the previous fiscal year. Meaningful investments include operating funds increases of $24.6 million (2 percent) for public universities and $5.9 million (2 percent) for community colleges, plus a $10 million increase for the Monetary Award Program (MAP).

In addition to the meaningful investments in operating funds, the fiscal year 2025 state budget includes $575 million for the construc...