Board of Higher Education

Account Description FY07
GAA		 FY08
GAA
7070-0031 McNair Financial Assistance Program
For the McNair component of the financial assistance program to increase access to public and independent institutions of higher education for students who meet certain income eligibility standards developed by the chancellor of higher education and for students with serious physical impairments, known as the Ronald E. McNair education opportunity program
 1,965,638 1,965,638

 
 
HISTORICAL SPENDING CATEGORIES ($000)
SPENDING CATEGORY FY04
Spending 		FY05
Spending 		FY06
Spending 		FY07
Spending 		FY08
GAA
Wages & Salaries 1,141 1,441 1,411 1,432 1,482
Pensions & Benefits 23 17 15 24 24
Operating Expenses 458 280 304 291 291
Public Assistance 292 97 114 100 100
Aid to Cities & Towns 0 88 68 68 68
TOTAL 1,914 1,923 1,912 1,916 1,966

* FY07 Projected Spending includes the budget plus nearly $1 billion in spending from FY06 supplemental budgets.

 

Pie Chart: Wages & Salaries=76%, Pensions & Benefits=1%, Operating Expenses=15%, Public Assistance=5%, Aid to Cities & Towns=3%