Educational system

• “We are also going to make the education system more effective”

Reductions

• High education cuts will provide $112 million toward deficit reduction

• “Savings will not impact what happens inside the classroom”

• Elimination of enrollment-based subsidies for private colleges – will save $21 million

Financial aid

• “I am not going to cut in the high education budget – financial aid”

• Budget protects the MAP grant

Tuition increases

• From the $112 million received for deficit reduction, an additional $58.9 million will be set aside to offset tuition increases

• Limit the increase in tuition for freshmen to 5%