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State agency urges carryover of $11.1 million to continue support for technical, regional universities and PSU
Summary
The Higher Education Coordinating Commission told the Education Subcommittee it has distributed most of a 2023 $25 million one‑time sustainability package to five universities and recommends carrying $11.1 million into the 2025–27 biennium to finish multiyear projects.
The Higher Education Coordinating Commission on Thursday told the Legislature it has committed most of a 2023 one‑time $25 million appropriation to improve the financial sustainability of Oregon’s technical and regional universities and Portland State University and is asking that $11.1 million be carried into the 2025–27 budget.
Ben Cannon, executive director of the Higher Education Coordinating Commission, summarized work funded so far and the agency’s plan for remaining dollars. "We recommend the inclusion of 11,100,000.0 in general fund be reappropriated for 25‑27 for continuing and concluding this project," Cannon said.
Cannon said the 2023 package aimed to address demographic and enrollment pressures, increase retention and completion rates, and support institution‑specific paths to long‑term financial stability. The Legislature provided $25 million in one‑time funding: roughly $6.1 million distributed in September 2023 on a formula basis for…
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