ATHENS, Ga. - The University of Georgia Athletic Association is donating $6 million to the institution's academic side.
The association's board voted unanimously Wednesday to let university President Michael Adams use the money however he wants. The state cut the university's funding by 10 percent, or about $40 million, this fiscal year and could slash another 10 percent next fiscal year, which starts July 1.
Adams says he plans to use the money to help keep top-notch faculty members by paying for travel to conferences and buying academic journals and books.
The athletic association expects to make $77.6 million in revenue this year, ending the year $4.2 million in the black. The board expects income to drop next year.