Hoeven Signs $633 Million Higher Education Funding Bill

Press Release

University System To Receive A 23 Percent Increase

Gov. John Hoeven today was joined by legislators, and campus and university system officials at Minot State University to sign House Bill 1003, the Higher Education budget bill, which increases funding for the system by an unprecedented $89 million. The bill raises the higher education budget to $633 million, with a 23 percent increase in state funding, and limits tuition increases for the next two years.

"Due to our aggressive economic development efforts and a growing economy, we are able to provide this funding, and at the same time, provide almost $120 million for broad-based tax relief and set aside more than $350 million in reserves for the future," Hoeven said.

"For the first time ever, we are funding the needs-based budget of Higher Education at the level requested by the board," Hoeven said. "This legislation, which includes a range of new grant, assistance and savings programs for students and families, will help hold the line on tuition increases and keep the cost of a college education in North Dakota affordable."

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