Private Schools Losing Money

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Illinois private colleges say they might have to cut faculty or raise tuition if they lose a $20 million grant from the state.

Gov. Rod Blagojevich has proposed eliminating private-college aid to balance a budget that has a five billion-dollar deficit.

Stan Liberty is a Bradley University provost and vice president. He says the Peoria school gets one million dollars - one percent of its budget - from the state grant.

He says without it tuition likely would increase.

Ken Browning of Illinois Wesleyan University in Bloomington says the state grant is cheap when compared to the number of students Illinois' 70 private colleges educate.

School officials are pleased that Blagojevich is not proposing to cut the $333 million Monetary Award Program that offers scholarships based on financial need.