General Assembly approves Penn State’s 2024-25 state funding
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The Pennsylvania General Assembly has passed a state budget that maintains Penn State’s general support appropriation at $242.1 million for the 2024-25 fiscal year, which began July 1. The budget package, which now heads to Gov. Josh Shapiro for his anticipated signature, includes a funding increase of $4 million (13%) for Pennsylvania College of Technology, level funding of $57.7 million for Penn State Agricultural Research and Extension, and restores line-item funding of $2.35 million for Invent Penn State.