ERIC Number: ED463005
Record Type: Non-Journal
Publication Date: 2002-Jan-28
Reference Count: N/A
Funding History for the City University of New York, Fiscal Year 1991 to Fiscal Year 2002.
City Univ. of New York, NY.
This document reports on the funding history of City University of New York (CUNY) from the 1991 fiscal year to the 2002 fiscal year. The report focuses on three main sources of university funding: tuition and fees, state aid, and local city support. Key findings include: (1) funding from local city support has dropped since 1991; (2) state aid has dropped since 1991 but still is the main financial supporter, while tuition and fees have more than doubled from 1991 to 2002; (3) the 2002 CUNY budget totals $1 billion, which represents a $243 million increase and a 21% rise since 1991; (4) state aid represents 53% of the total budget, with tuition and fees and city support making up 37% and 10%, respectively; (5) state aid rose $3.3 million dollars but dropped from 64% to 53% of the overall CUNY budget; (6) since 1991, tuition revenue more than doubled, rising 110% from $247 million to $519 million; (7) increased funding has come from $275 million in increased tuition revenue and state aid; and (8) city support declined $32 million and dropped from 14% to 10% of the CUNY funding budget. The report provides 12 charts and seven tables. (MKF)
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: City Univ. of New York, NY.