ERIC Number: EJ831850
Record Type: Journal
Publication Date: 2009-Jan-30
Reference Count: 0
Anticipating Stimulus Money for Campus Projects, Colleges Get "Shovel Ready"
Chronicle of Higher Education, v55 n21 pA12 Jan 2009
Help for colleges may be on the way in the $825-billion stimulus package being pressed by Congressional leaders. The bill that House Democrats introduced this month includes $7-billion for higher-education modernization, renovation, and repair that could kick-start projects like upgrading heating and cooling systems, fixing roofs, and doing asbestos abatement. On many campuses, especially among state colleges, renovation projects like those are stalled as government officials and higher-education administrators have been spooked by the unsteady economy and have had to absorb budget cuts. In awarding the money to institutions, the bill's language specifies, state higher-education agencies should give preference to colleges that serve large numbers of minority students, have been hit by a natural disaster, or are planning energy-efficiency projects. The money should not go to new construction, sports facilities, or facilities used for religious worship or divinity schools. The language or the amounts in the bill could change as Congress debates the stimulus measure, which legislators are expected to make final within the next few weeks. For now, colleges are preparing lists of projects that are "shovel ready," should the money roll down from Washington. The bill includes "use it or lose it" requirements: At least half of the money would have to be spent within a year of the measure's being enacted, and the rest within two years.
Descriptors: Federal Government, Money Management, Economic Opportunities, Educational Facilities Improvement, Energy Conservation, Higher Education, Federal Aid
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Authoring Institution: N/A