Multiple news outlets have reported that Gov. Tom Corbett has officially signed the budget for the 2012 fiscal year, with just minutes to spare.

Vowing to not raise taxes, Corbett introduced his proposed budget in March, which included cuts to education – including a 50 percent cut to Pennsylvania’s four state-related schools; Temple, Lincoln University, Penn State University and University of Pittsburgh.

The final budget, after months of reworking by state officials, was presented to Corbett, with a 19 percent cut in funding to the four schools. Likewise, Pennsylvania’s State System of Higher Education, which includes 14 universities, is set to take an 18 percent cut in funding.

Temple, which received $172.7 million from commonwealth last year, is slated to receive roughly $139.9 million this year.

While the university laid out possible tuition increases for potential 15 percent or 25 percent cuts in its proposed budget for fiscal year 2012, each over $1,000, no solid numbers have been released in relation to the now-official 19 percent cut.

Tuition prices are expected to be released by the university in mid-July.

How will a tuition increase affect you? Let us know at news@temple-news.com.