ORANGEBURG -- Faculty and staff at S.C. State University will have to take 10 days off without pay to help the school cope with an unexpected $4 million revenue shortfall. Trustees also said federal stimulus money, which Gov. Mark Sanford unsuccessfully tried to block, will also be used to help plug the hole in the budget. S.C. State trustees Thursday agreed to the furlough plan to help make up the revenue drop stemming from the school enrolling 500 fewer students than expected.
All S.C. colleges had to absorb a roughly 25 percent budget cuts, meaning S.C. State’s support from the state of South Carolina is $7.7 million less than it was it was 18 months ago. S.C. State had a plan to move forward with less state support, but the school did not anticipate losing so many students. S.C. State raised tuition by 8.4 percent this summer. That was expected to bring in an additional $3.3 million. But the drop in enrollment meant the tuition increase did not yield anticipated revenue bump. The federal stimulus money will help S.C. State close its budget hole over the next two years. S.C. State’s share of federal money is anticipated to be $3.2 million. -- Staff Reports