The FY 2014 IHL funding request reflects a 10.59% increase of approximately $72.4 million over FY 2013 which would bring to total request to $756,3 million. The request includes $413.6 million for on- and off-campus education including $19,217 in Ayers Settlement funding; $34 million in student financial aid; $200.5 million for the University of Mississippi Medical Center, and $108.2 million for agriculture and institutes and centers.
Mississippi Public Universities are a collective, powerful and unmatched resource for advancing Mississippi. Our universities are committed to offering the highest quality education and the best possible return on investment. In fact, since 2000, the number of degrees granted has increased by 23%, while the cost per degree has declined by 13%.
The University System has a significant economic impact on the State of Mississippi. Universities support 52,780 direct and indirect jobs generating $2.1 billion in labor income and adding $186 million to the State General Fund.
Mississippi Public Universities provide high-quality education, research and innovation that supports economic growth and opportunities that benefit all Mississippians in a very competitive environment. Keeping our state's brightest students in Mississippi requires the best professors and support staff, sophisticated technology, and safe, well-kept buildings.
IHL Funding Request for FY 2014