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Vermont State Colleges tell House Education committee system is ‘turning a corner,’ seek operating and capital funds
Summary
Chancellor Beth Mout and CFO Sharon Scott said the Vermont State Colleges system has stabilized after years of fiscal stress and asked the Legislature for a 3% base increase plus $1.5 million, $5 million in bridge funding for FY26, and $21.5 million in capital funds for maintenance and campus projects.
Chancellor Beth Mout told the House Education Committee on Feb. 7 that the Vermont State Colleges system has moved from a short-term cash crisis toward financial stability and presented operating and capital funding requests to sustain that progress.
Mout said the system — which includes Vermont State University and the Community College of Vermont — graduated about 2,000 students last year, serves roughly 10,000 degree-seeking students and 7,000 additional students in workforce programs, and that 80% of its students are Vermonters. She said Vermont State University enrollment increased 14% in new students beginning fall 2024.
Budget request and background
Chief Financial and Operating Officer Sharon Scott reviewed the system’s fiscal turnaround. She said the colleges had about eight days of cash on hand during…
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