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Board of Regents OKs $10.7 billion budget

The Georgia Board of Regents has approved a $10.71 billion budget for the next fiscal year for the state’s 26 public institutions.

That includes $1.77 billion for the University of Georgia providing funds for education and general funds, for auxiliary enterprises like housing, food and athletics, for student activities and $57 million in capital expenses.

Of the more than $10 billion dollar total budget, the state’s four public research universities, UGA, Georgia Tech, Georgia State and Augusta receive over 50% of total funding.

Despite $66 million in cuts made by the Georgia Legislature, regents voted in May to keep tuition steady at 25 of the 26 institutions. Middle Georgia State University saw a modest tuition increase of $19 per credit hour for in-state students and $66 per credit hour for out of state students.

Jeff has delivered morning news at WUGA Radio for more than a decade. He was among a team at CNN that won a George Foster Peabody Award in 1991 for an educational product based on the fall of the Soviet Union. He also won an Edward R. Murrow Award from Radio Television Digital News Association in 2007 for producing a series for WSB Radio on financial scams. Jeff is a graduate of the Babcock Graduate School of Management at Wake Forest University (MBA) and holds a BS in Business Administration from Campbell University, both in North Carolina.