Local higher education officials are expected to scramble for ways to grab some $300 million in unallocated cash from Louisiana’s treasury following reports Thursday the state has the unexpected surplus. Universities have seen little additional dollars flow from the state over the past several years, and many have made drastic cuts in light of state-wide budget cuts. In November, the University of Louisiana at Monroe announced the elimination of 25 positions in accordance with university reorganization because of recurring state-wide budget cuts over the last five years.
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