Ayers funding to drop off in 2012 - MSNewsNow.com - Jackson, MS

Ayers funding to drop off in 2012

JACKSON, Miss. (AP) - Mississippi's three historically black universities will begin receiving less money from the settlement of the decades-old desegregation lawsuit in 2012.

Officials tell The Clarion-Ledger that the state is unlikely to have the funds to make up the difference.

Settlement of the lawsuit, named after the late Jake Ayers Sr. who filed it in 1975, provided $503.2 million for the benefit of Jackson State, Alcorn State and Mississippi Valley, including new programs and infrastructure.

It also provided the funding would be trailing off in July 1, 2012.

Higher Education Commissioner Hank Bounds has asked the three colleges for business plans that would examine the viability of the programs and look for ways to substitute the settlement funds.

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