Gov. Tom Wolf approved a $34-billion state budget on Friday that includes a 2%, or $4.75 million, increase in Penn State’s general support appropriation.
The appropriation package, which amounts to $337.2 million in total, also includes an increase of 2% for Penn State agricultural research, from $53.9 million last year to $54.96 million, and a 17.6% in funding increase for the Pennsylvania College of Technology, from $22.7 million to $26.74 million. The Milton S. Hershey Medical Center was granted level funding of $13.4 million.
General support appropriations increased from about $237.3 million to $242.1 million.
The total appropriation for all aspects of the university represents a net increase of nearly $10 million from 2018-19.
Wolf originally planned to sign the budget Thursday evening after it was approved by the State Senate. A last-minute disagreement in the General Assembly forced Wolf to push the signing to Friday.
“With four of the past five budgets including increases to Penn State’s funding, we are thankful that leadership in Harrisburg, particularly Sen. [Jake] Corman, Rep. [Kerry] Benninghoff and Gov. Wolf, has shown support for Penn State and public higher education,” Penn State President Eric Barron said in a release.
The Board of Trustees will set the university’s 2019-2020 operating budget and tuition rates at its July 18 meeting now that the appropriation totals are confirmed. The 2018-19 budget was $6.5 billion and included no tuition increase for Pennsylvania resident undergraduates.
More Latest Penn State News
View all Latest Penn State NewsAlleged Dealer in Penn State Frat Cocaine Ring Waives Arraignment, Plans to Plead Not Guilty
One man accused of being a primary dealer in the alleged cocaine trafficking ring that operated out of two Penn State fraternities has waived his formal arraignment and intends to […]
Penn State Fraternity Sues Landlord After Being Locked Out of House
A lawsuit filed on Thursday says members of a Penn State fraternity were left scrambling for a place to live just before the start of the fall semester after they […]
Neighborhood Association Wants Forum With Penn State, Local Officials After Cocaine Ring Bust at Fraternity Houses
Updated 6 p.m. Friday, Aug. 21, with comment from a Penn State spokesperson. The president of a State College neighborhood association this week called for Penn State and borough officials […]
