TALLAHASSEE, FL. (WTXL) - A deal has been reached to keep the FAMU - FSU College of Engineering together, after a Board of Governors said, the split would come at a $1 billion price tag.
The deal calls for changing who oversees the joint college and proposes integrating student and academic activities that had previously been handled separately by each school.
During the meeting on Thursday, the Chancellor will present a full plan to the board, which includes, creating a 12 member permanent joint college governance council, the creation of a new budget and plans for renovations and repairs to several buildings on campus.
The schools must submit a report to the Board of Governors that documents the completion of the goals by March first of 2016.
The Board of Governors will vote on the deal later this week.
