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Paying the Price: With State Support Dropping, the Ä¢¹½ÊÓÆµ Is Looking for a Way Out of the Financial Maze, But Could These New Pathways Alter the Character of the University? By Tom Griffin.

Ups & Downs: Futures in Ä¢¹½ÊÓÆµ Funding

State General Fund. The 2003-05 state budget is already a billion dollars in the red, according to projections.
Tuition Even with a 16 percent increase in undergraduate tuition, the Ä¢¹½ÊÓÆµ is still behind its peer average among 24 public universities. In addition, the Ä¢¹½ÊÓÆµ may tighten residency requirements or admit more non-residents, who pay more.
Research Ä¢¹½ÊÓÆµ officials expected a 5- to 10-percent increase in research income for 2001-02. Instead they got a whopping 17-percent increase. With the federal government continuing to fund research at record levels, the Ä¢¹½ÊÓÆµ should continue to do well.
Private Giving While dependent on the economy and the stock market, private support for the Ä¢¹½ÊÓÆµ has broken records almost every year. The Ä¢¹½ÊÓÆµ expects the rate of giving to increase over the next five years.
Self-Sustaining Programs You probably didn't know that Summer Quarter is totally financed through tuition. Certificate programs and even some degrees are also self-sustaining, and in this sector there is room to grow.
Royalties and Licenses While the Ä¢¹½ÊÓÆµ has a strong technology transfer program, it is impossible to predict if a research finding will hit the jackpot.
Auxiliary Enterprises No huge deficits—or huge profits—are expected in Ä¢¹½ÊÓÆµ auxiliary units such as Ä¢¹½ÊÓÆµ Medical Center or Intercollegiate Athletics.


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