ERIC Number: ED457791
Record Type: Non-Journal
Publication Date: 2000
Reference Count: N/A
Connecticut Public Higher Education, 2000: Financing Trends.
Connecticut State Dept. of Higher Education, Hartford.
This document contains information on financing trends in higher education in Connecticut. A summary of the 1999-2001 operating budget shows actual expenditures for fiscal year (FY) 1999, estimated expenditures for FY 2000, the appropriate for FY 2001, and the Governor's recommended budget for FY 2001. These figures are given for the general fund, the operating fund, and the total for each institution in the state system and the Department as a whole. The next section of the report considers higher education spending in the state context. Under the Governor's recommended budget for FY 2001, about 4.5% of total funding is devoted to higher education, excluding general fringe benefit costs that are paid by the state's Comptroller. The evident trend of decreasing higher education funding in the 1990s and beyond is not limited to Connecticut, but the state's experience is more noticeable as a result of its deeper and more prolonged recession. The third section discusses general and operating fund expenditure trends and shows that higher education in Connecticut sustained significant reductions in state support in the early 1990s, with an upswing since then in terms of dollars spent. However, when inflation is taken into account, this represents an erosion of state support by almost 8%. A section on comparative finding indicators shows that Connecticut continues to rank low among the states in terms of state funding levels per resident. The fifth section discusses enrollments trends. Fall 1999 represented the second year of growth in full time equivalent students at public institutions in Connecticut, following a downward trend since 1990. The sixth section presents information on tuition and fees, charting changes in the state's tuition and providing comparisons with other states and the entire United States, "Student and State Share of Costs" describes changes in the relative share of direct educational costs borne by the state and by the student. The eight section, "Student Aid and Statutory Waivers," describes student financial aid awarded and statutory tuition relief afforded some groups, such as veterans and senior citizens. (Contains 40 tables and 20 figures.) (SLD)
Descriptors: Budgeting, Educational Finance, Educational Trends, Expenditures, Financial Support, Higher Education, State Programs, Trend Analysis
For full text: http://www.ctdhe.org.
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: Connecticut State Dept. of Higher Education, Hartford.
Identifiers - Location: Connecticut