ISU finances remain in good shape

ISU has not been affected as much by Illinois' budget stalemate as some other public universities. (WJBC File Photo)
ISU has not been affected as much by Illinois’ budget stalemate as some other public universities. (WJBC File Photo)

By Adam Studzinski

NORMAL – Despite the fact Illinois is currently not providing funding to the state’s public universities, due to the ongoing budget stalemate, Illinois State University remains “strong and stable.”

Those were the words of Chief of Staff Jay Groves, who said ISU remains that way because of a number of factors.

“One, we have high enrollment. As you probably know, we had our highest enrollment last three years in a row in the last 25 years,” said Groves. “So we have strong enrollment. We have low debt. We’re among the lowest debt colleges in the state.”

Groves added Illinois State continues to provide MAP grant funding for students. The school did the same in the past academic year and did eventually receive reimbursement from the state.

Adam Studzinski can be reached at adam.studzinski@cumulus.com.

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