Mississippi Public Universities
Legislative Relations

Funding Request
The FY 2016 IHL funding request reflects a 10.2 percent increase over FY 2015. The request includes a 20.1 percent increase in funding for Student Financial Aid; a nine percent increase for the University of Mississippi Medical Center; and an a eight percent increase for the agricultural units.

Increasing the educational attainment level of our citizens is essential to the future success of Mississippi. Currently, according to the U.S. Census, only 20 percent of Mississippi residents age 25 and older hold a bachelor's degree or higher, compared to the U.S. average of 28.5 percent. This impacts the state's ability to attract and retain business and industry. It also keeps individual income levels lower and, as a result, limits the income tax revenue available to the state.

According to the report, Education Pays 2013, individuals with higher levels of education earn more and are more likely than others to be employed. The report finds that "median earnings of bachelor's degree recipients with no advanced degree working full time in 2011 were $56,500, $21,100 more than median earnings of high school graduates. Individuals with some college but no degree earned 14 percent more than high school graduates working full time. Their median after-tax earnings were 13 percent higher."

Education Pays 2013 also reported that "the 2012 unemployment rate for four-year college graduates ages 25 to 34 was 7.1 percentage points below that for high school graduates. The unemployment rates for those with associate degrees and with some college but no degree were 4.0 and 1.6 percentage points below that for high school graduates, respectively." The report was published in October 2013 by the College Board, a non-profit organization dedicated to promoting excellence and equity in education.

Mississippi Public Universities provide high-quality education, research and innovation that support economic growth and opportunities that benefit all Mississippians in a very competitive environment. Keeping our state's brightest students in Mississippi requires the best faculty and support staff; sophisticated technology; and modern, safe, well-maintained facilities.

IHL Funding Request for FY 2016

Facilities Needs Request
The FY 2016 Facilities Needs Request includes the top 10 capital project priorities from each university. The total request includes $714.9 million in capital improvements.

IHL's eight campuses, the University of Mississippi Medical Center, and 12 satellite centers include more 1,633 buildings on more than 12,000 acres of land. IHL buildings comprise 23 percent of State buildings, and more than 45 percent of the gross square footage of State buildings. IHL buildings have a replacement value of more than $7.4 billion which represents 50.5 percent of the overall replacement value for State buildings.

Facilities Needs Request for FY 2016