CSU Commends Governor Pritzker for Proposing Significant Investment in Higher Education

Budget Outlines Important Investments in Students and Public Institutions

 

IL State Budget Fiscal Year 2023Governor JB Pritzker’s fiscal year 2023 budget proposal outlines significant investment in Illinois’ higher education institutions and students. Illinois four-year public universities, which includes Chicago State University (CSU), would receive a 5% increase in funding for fiscal year 2023 relative to this year’s current budget. The proposal would also add an additional $1.8 million to CSU’s appropriation for the current fiscal year 2022. If approved by the General Assembly, the budget would provide critically needed resources for the University and CSU students.

Governor Pritzker’s budget also strengthens financial aid for students by, among other things, increasing funding for the Illinois Monetary Award Program (MAP) grants for low-income students by $122 million.

“Governor Pritzker’s budget recognizes the unparalleled value of higher education to the Illinois’ economy,” said Zaldwaynaka Scott, Esq., President of Chicago State University. “Our data shows that each year CSU adds $1.6 billion to the Illinois economy and a strong return-on-investment for our students. As the University remains laser focused on equitable education and workforce development, this investment will allow CSU to further strengthen its economic impact as well as our student success.”