The chairman of the House budget-writing committee says the state will address South Carolina State University's $13 million cash flow problem.
Wed, 19 Feb 2014 18:39:13 GMT — COLUMBIA, S.C. (AP) -- The chairman of the House budget-writing committee says the state will address South Carolina State University's $13 million cash flow problem. How remains the question. Ways and Means Chairman Brian White told legislators Wednesday the state has an obligation to the university's roughly 3,400 students, and it's important to provide them some hope and security. White's comments came after he and other budget officials received the university's eight-page deficit recovery plan. The school is requesting help covering what it calls an immediate cash deficiency of $13 million that's projected through the end of June. State and university officials were meeting Wednesday on the Orangeburg campus to discuss the next steps. A university spokeswoman did not immediately return a message. SC State is South Carolina's only public historically black university.
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