Louisiana officials informed colleges in the state on Thursday that they would stop receiving the funds they need to cover their students' grants under the state's merit-based scholarship program, The Advocate reported. Governor John Bel Edwards said Thursday night that colleges and universities would be expected to make up the 20 percent of the funding (roughly $28 million) that the state is withholding, so that students themselves would be made whole as the state's contract with TOPS recipients requires.
The state is facing a $943 million budget shortfall, and major budget cuts are expected.
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