UC officials are no doubt breathing a sigh of relief after President Obama signed the $787 billion stimulus bill yesterday. That’s because about $11 billion of the estimated $80 billion going to California will be allocated for public schools and universities, reports the Daily Cal. UC folk aren’t clear yet how much dough they’ll get, but are expecting to get a higher percentage than other universities because of their large number of low-income students. A bulk of the money will go toward work-study programs, and less will be devoted to financial aid and tax credits for middle-class students. (About $2.5 million is going to the Berkeley Unified School District to help with its $6 million budget cut this year.)
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