Illinois Governor Signs $600M University Funding Package - NBC Chicago
Ward Room
Covering Chicago's nine political influencers

Illinois Governor Signs $600M University Funding Package



    Illinois Governor Signs $600M University Funding Package

    Gov. Bruce Rauner has signed legislation authorizing $600 million in emergency funding to keep major Illinois universities operating until fall. 

    The Republican signed the bill Monday after a debate last week over the temporary spending plan in the General Assembly.

    The package includes $170 million for the Monetary Award Program, a needs-based grant that colleges doled out this past school year without state reimbursement. 

    Rauner and Democrats who control the Legislature have been unable to agree on a plan for the budget year that began July 1. 

    In a statement Monday, the first-term governor said the law doesn't solve the crisis but is "a first step toward compromise." 

    He wants business reforms and union-power curbs while working with Democrats to reduce the deficit.

    Get the latest from NBC Chicago anywhere, anytime

    • Download the NBC Chicago App

      Download the App

      Available for iOS and Android