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º£½Ç³Ô¹ÏÍø received $19 million in state funding with Gov. Ron DeSantis’ approval of the state’s 2026-27 budget on Monday, June 29.

º£½Ç³Ô¹ÏÍø receives full legislative funding to accelerate STEM growth

June 30, 2026

Gov. Ron DeSantis approved $19 million in state funding for º£½Ç³Ô¹ÏÍø on Monday, June 29,Ìýfueling the University’s continued growth and expansion as Florida’s only public STEM university.Ìý

TheÌý2026-27Ìýbudget allocationÌýprovidesÌýaÌýsignificantÌýfunding boostÌýthat will helpÌýº£½Ç³Ô¹ÏÍøÌýadvance its strategicÌýgoals, strengthen studentÌýsuccessÌýand expand its impact asÌýan economic driver to the state.ÌýÌýÌý

The $19 million in state funding will be distributed across three key areas:Ìý

  • $10 million for the construction of the new Student Achievement Center (StAC);Ìý
  • $7.5 million in nonrecurring funding to fuel the University’s “Rising to 3,000” strategic initiative, which aims to reach an enrollment of 3,000 students by 2030; andÌý
  • $1.5 million in recurring operational support.ÌýÌý

“We are extremely grateful to Gov. DeSantisÌýand the Polk County legislative delegationÌýforÌýsupportingÌýthis importantÌýinvestmentÌýin º£½Ç³Ô¹ÏÍø and for his continued support of higher education, workforce development, and student opportunity in our state,â€� said Dr. Devin Stephenson, º£½Ç³Ô¹Ï꿉۪s president. “This fundingÌýhighlightsÌýthe critical role ourÌýUniversityÌýplays in preparing the next generation of engineers and technology leaders, sendingÌýa clear message that º£½Ç³Ô¹Ï꿉۪s model is delivering results and that our momentum is accelerating.â€�Ìý

TheÌý$10 millionÌýdesignatedÌýfor the construction of the StACÌýbuilds onÌýpreviousÌýstate investments in theÌýproject, bringing total state supportÌýfor the facilityÌýtoÌý$27.7 million.ÌýThe 138,400-square-foot facility willÌýprovideÌýa wide range of services and resources focused on student success, including academic support, career planning, professional development, and engagement opportunities.ÌýÌý

“º£½Ç³Ô¹ÏÍø was created to meet Florida’sÌýneedÌýfor a high-tech workforce, and this investment reinforces that mission,â€� said Beth Kigel, chair of º£½Ç³Ô¹Ï꿉۪s Board of Trustees. “As we continue expanding strong partnerships with industry and applied research opportunities, we are ensuring our graduates are prepared to solve real-world challenges and help drive Florida’s economic growth.â€�Ìý

In addition to Monday’s budget approval, the University’s strong performance was reinforced last week when it secured nearly $11 million in performance funding based on student success and workforce alignment. º£½Ç³Ô¹ÏÍø earned a score of 87 out of 100, a 13-point increase over the previous year and the largest one-year performance gain among all state universities in theÌýFlorida Board of Governors’ 2025-26 Performance-Based Funding Model. That funding was also confirmed in the state’s 2026-27 budget on Monday.

Together, these investments position º£½Ç³Ô¹ÏÍø to build on its record growth and continue advancing its mission of preparing graduates for Florida’s fast-evolving, high-tech economy.

“This budget approval is strong vote of confidence in º£½Ç³Ô¹ÏÍøÌýand our rapid upwardÌýtrajectory,â€� said Kelli Stargel, vice president for strategic initiatives, development, and external relationsÌýat the University. “With the support of theÌýgovernor and our local delegation, weÌýwill continueÌýenhancing the student experience andÌýopening more doors for students to accessÌýanÌýelite STEM education.â€�Ìý

 

Contact:
Lydia Guzmán
Director of Communications
863-874-8557