June 24, 2026
The budget removes $16.3 million from three state universities.
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Arizona’s $18.29 billion fiscal year 2027 budget, which Gov. Katie Hobbs signed into law earlier this month, eliminates millions in education funding for public universities and slashes several one-time investments that have helped students access higher education.
The budget, which will go into effect July 1, removes $16.3 million from state universities, including $8 million from Arizona State University, $2.6 million from Northern Arizona University and $5.7 million from the University of Arizona. It also eliminates funding for several scholarships and programs for which the state’s FY2026 budget allotted money.
