February 20, 2019
U of I System statement on Gov. Pritzker’s fiscal 2020 budget proposal
The fiscal year 2020 budget proposed today by Gov. J.B. Pritzker would increase appropriations for the University of Illinois System by nearly 5 percent, the system’s largest increase since fiscal 2001. The governor also recommended a $50 million increase for the Monetary Award Program (MAP), which provides financial aid to support Illinois students, including thousands across the three U of I universities.
The governor’s budget proposal also reauthorizes $500 million in capital funding for development of the Discovery Partners Institute (DPI) and the Illinois Innovation Network (IIN), which would be used to match private donations from individuals, corporations and other entities. The U of I System is leading creation of Chicago-based DPI and IIN research hubs across the state to accelerate innovation and spark economic growth. The funding was included in the budget for fiscal year 2019 and was reauthorized by Pritzker in his fiscal 2020 plan.
“We are grateful that Gov. Pritzker made education a priority in his budget proposal, including a funding increase for public universities and new dollars for MAP grants,” said Tim Killeen, president of the University of Illinois System. “We hope the legislature adopts his spending plan, and approves funding to support our growing enrollment, our ongoing efforts to hold down student costs and our push to provide the workforce and innovation that are essential to move Illinois forward.”
“We are also delighted that the governor has added his support to DPI and IIN, and sees the promise they hold to foster the discovery that will solve our world’s greatest challenges and drive a new era of prosperity for Chicago, the state of Illinois and beyond.”
The University of Illinois System is a world leader in research and discovery, and the largest educational institution in the state with nearly 86,000 students, about 25,000 faculty and staff, and universities in Urbana-Champaign, Chicago and Springfield. The U of I System awards more than 22,000 undergraduate, graduate and professional degrees annually.