The University of Wisconsin System was facing a serious funding shortage just a week ago, when it seemed as if the state would never have a budget. Officials had been talking about tuition surcharges, students being left without financial aid, and the possibility of campuses shutting down for the spring semester.
However, a deal expected to gain approval from lawmakers today has many UW officials breathing a sigh of relief. Spokesman Dave Giroux says the simple fact of having a budget allows them to set aside all of the contingency plans that had been in the works because of a projected $150 million shortfall.
The compromise restores all but about $25 million in funding to the UW. Giroux says it will also expand the financial aid available for students.
Lawmakers are expected to vote on the budget compromise later today.
