<p>Va. colleges face upcoming budget reductions</p>
<p>March 18, 2010 - 11:54am
By ZINIE CHEN SAMPSON
Associated Press Writer</p>
<p>RICHMOND, Va. (AP) - "State funding for Virginia’s higher-education system is continuing to shrink, and colleges and universities say they’ll have to continue raising tuition…</p>
<p>The budget approved last week by the General Assembly included across-the-board reductions of $243.5 million in the 2011-12 fiscal years…</p>
<p>About $198 million in federal stimulus funds are available for schools during the 2011 fiscal year. But in fiscal 2012, it will be gone, meaning the state’s four-year colleges will see state support drop by 15 percent, and the community-college system will see a 13 percent reduction."</p>