ERIC Number: ED118198
Record Type: Non-Journal
Publication Date: 1976
Reference Count: N/A
Community College Finances, 1975-76. [New Jersey]
New Jersey State Dept. of Higher Education, Trenton.
This financial report of the New Jersey community colleges is organized around a series of five topics: (1) costs and enrollments; (2) allocation of resources; (3) sources of revenue; (4) enrollment profile and output measures; (5) facilities and capital data. Each of the five sections contains quantative data from budget projections submitted by the colleges for fiscal year 1975-76 and prior years. State aid to the community colleges actually supports a full-time equivalent (FTE) student count 3 percent below the enrollment projections of the colleges. In 1974-75, in addition, there was a major discrepancy between the high actual enrollments at the colleges (60,257 FTE) and the original projections of the colleges (57,656). Latest estimates of enrollment for 1975-76 are for 66,400 FTE. However, because of state imposed FTE limitations, and elimination of the conventional state reimbursement mechanism for overenrollments, the colleges will only receive state funding for 53,129 FTE. There will be, however, a marked increase in other sources of funds, including federal, county, industry, and private. The increased enrollment appears to be part of a general pattern of overall growth in college attendance as an alternative to employment because of a scarcity of jobs. Detailed financial data are tabulated and appended. (Author/NHM)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: New Jersey State Dept. of Higher Education, Trenton.
Identifiers - Location: New Jersey