Bill designed to help BSC and other Alabama colleges now law

Birmingham-Southern College
(Jacob Blankenship / Bham Now)

The state of Alabama is providing Birmingham-Southern College a path out of its financial woes.

Governor Kay Ivey gave final approval to legislation creating the Distressed Institutions of Higher Learning Revolving Loan Program, according to a statement from BSC President Daniel Coleman. 

The new program is designed to help Alabama colleges and universities, both public and private, overcome financial challenges so they can continue to serve the state of Alabama and its citizens. 

Here is a copy of SB 278 – the legislation that passed the Alabama Legislature – LINK.

Next Steps

Birmingham-southern college
(Jacob Blankenship / Bham Now)

After months of financial uncertainty, BSC in April announced it would keep its doors open for the coming year. 

A watershed moment, legislators then finished crafting and passing legislation that would support not only BSC but other colleges in similar situations across the state.

Birmingham area legislators Sen. Jabo Waggoner, Sen. Rodger Smitherman and Rep. Juandalynn Givan led the effort.

Now there is a law — what’s next for BSC?

President Coleman outlined in a message to students, faculty, staff, alums and supporters a plan of action. 

“The next step for BSC is to work with the state treasurer on an agreement that, along with additional funding from local government entities, will provide much-needed resources while we re-launch a philanthropic campaign. That campaign aims to raise a total of $200 million, which will make the College financially stable and resilient for the long term.”

BSC has already secured $46 million in pledges toward their endowment.

Stay tuned

An invaluable community resource in Birmingham, recent studies show the college has $97.2 million annual econmic impact in Alabama.

Watch this space for updates on BSC and its progress. 

Pat Byington
Pat Byington

Longtime conservationist. Former Executive Director at the Alabama Environmental Council and Wild South. Publisher of the Bama Environmental News for more than 18 years. Career highlights include playing an active role in the creation of Alabama's Forever Wild program, Little River Canyon National Preserve, Dugger Mountain Wilderness, preservation of special places throughout the East through the Wilderness Society and the strengthening (making more stringent) the state of Alabama's cancer risk and mercury standards.

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