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Thursday, June 7, 2012 - 5:30am

Colleges Get New Money For Growth

Georgia’s 35 state colleges are getting $72.5 million in new funds for the upcoming school year aimed at addressing enrollment growth and increasing the number of college graduates in the state.

Georgia State University will receive $8 million, the University of Georgia will receive $7.8 million and Georgia Tech will get $7 million.

North Georgia College and State University will receive about $1.3 million in funding, which the school plans to use to fund 12 full-time faculty positions and 10 staff positions. Gainesville State College will get about $660,000 the school will use to fund 17 new faculty and staff positions and a supplemental instruction program.

Overall, the state’s public universities took a 2 percent cut from the funding they received in fiscal year 2012.