UC statement on 2021 state budget agreement between Gov. Newsom and state leaders
On June 30, UC Board of Regents Chair John A. Pérez and UC President Michael V. Drake, M.D., issued the following statement on the Budget Act of 2021, which Gov. Gavin Newsom is expected to sign in the coming days:
With the anticipated signing of California’s 2021 budget, Gov. Newsom and legislative leaders have made significant investments in the University of California that will benefit the state and higher education for years to come. The restoration of cuts, combined with new ongoing and one-time funding, will not only help campuses recover from the economic challenges of the past year but also bolster key student-centered programs, including financial aid and student mental health services.
Increased state support will boost infrastructure and capital projects across UC campuses, providing the University $325 million to increase energy efficiency and upgrade buildings, classrooms and labs, which benefits students as well as local economies. In addition, state leaders have also included a new $500 million investment to expand affordable housing for college students, especially those who are low-income.Tags: budget, President Drake, Regent Perez