IPFW to get $1.3 million in additional funding

IPFW campus
File Photo - IPFW

FORT WAYNE, Ind. (AP) — Indiana-Purdue-Fort Wayne is receiving nearly $1.3 million in additional state funding due to actions by Gov. Mike Pence and Purdue University.

The Journal Gazette reported Friday (http://bit.ly/1NZ78Es ) that Pence recently directed the State Budget Agency to release $26.4 million in reserve funds that had been withheld from Indiana’s public universities, and IPFW’s share was about $780,000.

Also, Purdue has reallocated $500,000 of its budget to help fund pay raises for IPFW faculty and staff. IPFW offers courses through Purdue and Indiana universities but is part of the Purdue campus system based in West Lafayette. IPFW Chancellor Vicky Carwein says each of the campus’s nearly 1,000 employees is receiving a one-time $1,000 bonus and will be eligible for merit pay increases that will average 1.5 percent.

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Information from: The Journal Gazette, http://www.journalgazette.net

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