Florida Legislature pumps $50 million into New College after DeSantis takeover [View all]
New College of Florida is receiving nearly $35 million in additional funding next year, including nearly $10 million to renovate aging facilities and $25 million for operating expenses. The money comes on top of an extra $15 million the school received in the current budget for operating expenses.
New College of Florida is receiving a massive influx of cash next year to help the schools new leaders carry out the vision of Gov. Ron DeSantis.
The Florida Legislature has pumped almost $50 million into New College within a few months of DeSantis appointing six new conservative board members to shake up the small Sarasota school.
Its a huge amount of money for a college with just 700 students, the smallest institution in Florida's public university system.
"Over the last 90 days, New College has received almost $50 million in new funding from the state, which is more than the university has received in the past 20 years," New College Interim President Richard Corcoran said in a statement. "Our future could not look brighter."
https://www.heraldtribune.com/story/news/politics/2023/05/01/new-college-of-floridas-budget-getting-big-boost-from-ron-desantis/70170654007/
IMO New College will be begging for students in the upcoming years, and this budget increase is part of an effort to induce future applications.