The board of the Missouri Higher Education Loan Authority – MOHELA – has endorsed a plan to enter into a public-private partnership that would provide $450-Million for capital improvement projects, new scholarships, and endowed professorships at universities throughout the state. As part of this proposal, MOHELA intends to put select assets up for sale on the open market. The initiative would see $300-Million spent for capital improvement projects, $100-Million for student scholarships, $30-Million to enhance growth and development of technology businesses near college campuses, and $20-Million for endowed professorships. Governor Matt Blunt says the new funding will provide state institutions the money they need to hold back any significant tuition increases.
You are here: / / MOHELA Board Endorses Public-Private Partnership Plan