Virginia Commonwealth University’s board of visitors approved a roughly $1.7 billion operational budget Friday, as the university’s coffers have grown.
VCU’s has gotten higher levels of funding for education and research and extra revenue from increased tuition costs.
With added funds, the university plans to make new investments, including new schools for innovation and life sciences. The new budget takes effect July 1 when the 2025 fiscal year begins.
Read the full story in the Richmond Times-Dispatch.
