Fayetteville State University says it is set to receive its largest state budget allocation in 35 years, and plans to spend almost $152 million on new capital construction projcts,, as well as repairs and renovations.
The university’s allocation includes:
Capital projects | |
New College of Education | $63,000,000 |
New Residential Hall | $40,000,000 |
New Parking Deck | $10,000,000 |
(sub-total) | $113,000,000 |
Repair & Renovations | $38,850,000 |
NC Promise | $11,500,000 |
COVID-19 sterilization units | $670,000 |
(total) | $164,020,000 |
“Today, I am both overjoyed and humbled for FSU,” said university chancellor Darrell T. Allison. “This support that we will be receiving has been a long time coming. For the first time in over 35 years the North Carolina state budget puts Fayetteville State University in a position to make a quantum leap in educating our future leaders. This unprecedented support will assure our success for generations to come.“