UC Reaches Long-Term Agreement for More Funding, Tuition Predictability

University of California President Janet Napolitano announced May 14 that she and Gov. Jerry Brown have reached a historic agreement that provides UC with significant new revenue while capping resident tuition at its current level for the next two years.

Specifically, the agreement provides for:

  • A 4 percent base budget increase for each of the next four years.
  • A one-time infusion of $436 million over three years for UC’s pension obligation from funds set aside under Proposition 2.
  • Allocations in 2015-16 of $25 million for deferred maintenance and $25 million in funds from the state’s cap-and-trade program to support energy efficiency.
  • Regents to authorize the university to increase nonresident supplemental tuition up to 8 percent annually.

In addition, UC will either continue or expand efforts to:

  • Ensure that at least a third of its new students enter as transfers.
  • Make clear pathways to a three-year undergraduate degree.
  • Eliminate course bottlenecks.
  • Improve academic advising.
  • Explore other efficiencies.

The agreement is contained in the governor’s revised state budget proposal, which now moves to the legislature for deliberations. A final state budget must be approved by next month. The framework will be presented to the UC Regents next week.

For the rest of the story, please visit the UC Newsroom.

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