Birmingham-Souther seeks bailout, warning it may close
The Associated Press
BIRMINGHAM, Ala. (AP) – A private Alabama college is seeking a $37.5 million government bailout.
Birmingham-Southern College says it needs help after years of deficits and declining enrollment.
Legislators say the 1,000-student institution in Birmingham may close within months without the money.
The college says the request is part of a plan to solidify finance “for the long term.”
Birmingham-Southern wants the state to give the college $12.5 million in federal COVID-19 relief money and $17.5 million in state education funding.
The Methodist-affiliated college is also seeking $5 million from the city of Birmingham and $2.5 million from Jefferson County.
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12/17/2022 2:29:18 PM (GMT -6:00)