Gov. Tom Corbett proposed his 2012-2013 budget today that would decrease Temple’s state funding by 30 percent. The cut lowers Temple’s state appropriation to just under $98 million, from $139.9 million.
The cut comes nearly a year after he proposed to cut state-related univerisities’ appropriations by more than 50 percent. Ultimately, Temple, along with Penn State, Lincoln University and the University of Pittsburgh, received a 19 percent decrease in state funding for the 2011-2012 fiscal year.
Last year’s 19 percent cut amounted to $1,172 and $1,170 increases in tuition for in-state and out-of-state students, respectively.
On top of the 19 percent cut, state-related universities face another 5 percent cut for the current fiscal year, as a result of a revenue shortfall of $486.8 million.
Temple requested $144.1 million for the 2012-2013 fiscal year, which would have been a 3 percent increase from the $139.9 million it was granted for the current fiscal year.
[UPDATE: Click here for the full story.]
JACOB COLON TTN file photo
