$40M distributed as part of Lewis & Clark Discovery Initiative

Gov. Matt Blunt announced Monday nearly $40 million in payment distributions were made to several colleges and universities as part of the Lewis & Clark Discovery Initiative to finance college construction projects.

Among those entities receiving funding: Harris Stowe State University Children and Parent Education Center, $26,972; Southeast Missouri State University River Campus, $16.54 million; St. Charles and East Central Community Colleges, $4 million; and Department of Economic Development Missouri Technology Corp., $8,512,500.

Under the plan, $335 million will be distributed over the next five years, according to a release.

The Lewis & Clark Discovery Initiative is a partnership between the Missouri Higher Education Loan Authority (MOHELA) and the state.