Governor Jan Brewer Announces Completion of Phase I

Press Release

Date: Nov. 26, 2009
Location: Phoenix, AZ

Governor Jan Brewer Announces Completion of Phase I Stimulus Funding to Universities and Community Colleges

$183 Million Dispersed to Institutes of Higher Education for FY2009

Governor Jan Brewer today announced the completion of Phase I funding from the American Recovery and Reinvestment Act's State Fiscal Stabilization Fund (SFSF) to Arizona's postsecondary educational institutions. In August, more than $154 million was disbursed to the state's three universities, while
the state's community colleges received funding in September and October.

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"Although the Recovery Act funds for education stabilization do not resolve the state's budget deficit, they will help to mitigate the funding crisis the state's educational institutions find themselves in during this very
difficult economic crisis," said Governor Brewer. "Protecting education opportunities and advancement is absolutely critical to attracting new jobs and business opportunities to our great state."
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