Thursday, July 14, 2016
Stop-Gap Budget to Prevent Layoffs at EIU
The Charleston school will receive about $26 million in state money through the end of the year. It also will receive about 3.5 million in Monetary Award Program student grant money that it advanced to its students. The Mattoon Journal-Gazette reports that EIU President David Glassman says the school will have to spend cautiously though because the stop-gap budget is temporary.
More than than 400 Eastern Illinois employees have lost jobs because the school had received limited state funding. Glassman says the university has been able to call a few individuals back to work.
Glassman says EIU will be able to operate past Dec. 31 thanks to tuition dollars and state funding.
Information provided by The State Journal-Register