Although the State of Illinois owes Southern Illinois University Edwardsville about $60-million in appropriations this year, the school is in no danger of closing according to a University spokesman. Without a budget, the state has been unable to pay the university's appropriation, of about $8-million in MAP Grants to nearly 2,900 SIUE students.
Apparently the rumor about the University closing started last week, but spokesman Doug McIlhagga says that is not the case.
Click here for McIlhagga's comments
That plan includes a $13.4-million reduction in spending in anticipation of anticipated cuts at the state level, borrowing from various accounts, and slowing vendor payments.