FAMU seeks financial assistance
While the state university system grapples with projected budget cuts of as much as half a billion dollars over the next two years, Florida A&M University is looking ahead to the money it will need to rectify financial management and accreditation problems.
In its budget request for the 2008-09 year, FAMU seeks $10-million in state funds, including $2.3-million to strengthen its financial management systems and $1.1-million to improve the business college to the satisfaction of accreditors.
The historically black public college also wants close to $1-million to improve the college of pharmacy, which is on probation from its accrediting agency because of faculty and curriculum shortfalls.
-Shannon Colavecchio-Van Sickler, higher ed reporter