More Commitment of Funds We Haven't Got? UC-Riverside Med School

UCR med school stalled over funding: National medical committee withholds preliminary accreditation for UC Riverside medical school.

June 8, 2011, LORA HINES, Riverside Press-Enterprise

Preliminary accreditation for UC Riverside's proposed medical school is on hold because the state has not budgeted ongoing money to fund it, university officials said Wednesday. The decision by the national Liaison Committee on Medical Education to withhold the accreditation means the school opening, slated for summer 2012, could be delayed for a year, university officials said…

University and county officials said they will boost efforts to get lawmakers to commit funds for the medical school. The school is expected to cost $500 million. The university needs a $100 million upfront investment from the state and other public investment of $50 million by 2012, according to the university's website. So far the state has given the medical school $10 million, and the school has raised more than $30 million in private donations. The UC Regents budget proposal includes $15 million for the school for the upcoming fiscal year. But future state funding is in limbo as legislators are wrestling over a multibillion-dollar budget gap including shortfalls for higher education…

Full article at http://www.pe.com/localnews/stories/PE_News_Local_D_medschool09.35bad82.html