The Vermont State Colleges System will be able to operate next year, as long as lawmakers don’t drastically change the budget during a veto session next Wednesday and Thursday.
VSC asked for $4 million, and the State agreed to give $3 million in funding, in addition to other funding.
Chancellor Jeb Spaulding said he is thankful for the money, as it’s the largest increase VSC has seen in a while.
“If we didn’t get the appropriation that we requested or close to it as passsed by the legislature, we would have to rely more on tuition, which would make higher education less affordable for Vermonters,” Spaudling said. “Vermont already has one of the highest public tuitions in the country and the tuition is directly related to the amount of support you get from the state.”
Spaulding says the State’s funding will be crucial to the next fiscal year, which starts in a couple of weeks.