Tuition: Rate Increase
| $2,636
| $163.8
| 6%
|
Tuition: Student Access and Enrollment
|
| 24.1
| 1%
|
Campus-based Mandatory Fees
| 707
|
| |
State General Fund
| 5,235
| -397.0
| -8%
|
| $8,578
| -209.1
| -2.4%
|
ESTIMATED INCREMENTAL NEW REVENUE
Forecasted revenues show a deficit of $209.1 million available to support the budget request. It includes the tuition rate increase ($163.8 million); tuition from the 1% resident, undergraduate enrollment growth ($24.1 million); a -$397 million General Fund cut as well as the deferral of the 2025-26 compact commitment ($252.3 million). The estimated revenues are insufficient to support planned expenditures.
REVENUE FROM TUITION RATE INCREASE
The CSU’s multi-year tuition plan will increase rates in 2025-26. The additional revenue resulting from the 6% rate increase for all levels of education is included in the budget request and will allow the CSU to invest in some of its budget priorities and advance student success. The additional tuition revenue estimated from the increase is $163.8 million in 2025-26.
REVENUE FROM STRATEGIC ENROLLMENT GROWTH
As part of the compact, the CSU is committed to grow enrollment equivalent to a 1% increase, or approximately 3,515 resident, undergraduate, full-time equivalent students (FTES), in 2025-26. The additional tuition revenue from the enrollment growth is estimated to be $24.1 million.
STATE GENERAL FUND
The CSU anticipates that the governor’s administration will propose a 7.95% cut (-$397 million) as well as the deferral of the ongoing state General Fund increase of 5% ($252.3 million) for 2025-26. This intended cut and deferral was codified by the state legislature and governor’s administration in the final Budget Act of 2024. Additional tuition revenue alone will not fully cover the expenditure plan.