University To Ask Lawmakers For 10% More Funding
St. Paul, MN (Learfield) -- The University of Minnesota plans to tell state lawmakers it needs more money to help it hold down tuition costs, improve graduation rates and do more research.
University officials will go to the Capitol and request an additional 126-million dollars in funding, a 10 percent increase. The Board of Regents endorsed the request yesterday (Friday).
The board also wants the Legislature to approve a bonding request of almost 318-million dollars for capital projects.