Birmingham-Souther seeks bailout, warning it may close

Money

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.

Read the full story on AP News right here.

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12/17/2022 2:29:18 PM (GMT -6:00)

Categories: Alabama News