Bright Flight scholars will not know until April or May whether they will receive the rest of their promised scholarship amount.
The bill is currently still being worked on.
The committee discusses issues regarding higher education funding in Missouri.
According to the report, MU tuition has nearly doubled since 1994 and loans make up almost 70 percent of all financial aid in Missouri.
Renovations for McKee, Waters and Mumford could take a while to begin as the state legislature debates funding.
Schools would lose funding from the state’s general revenue fund.
Nixon said an increase in college graduates will benefit the Missouri economy.