WEDNESDAY, MAY 8TH, 2024
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CSU System Board of Governors Approves Campus Budgets
The Board of Governors of the Colorado State University System approved budgets for its campuses this week that keep tuition levels low and maintain each institution’s strong value proposition and positive trajectory.
CSU System leadership thanked state legislators, particularly the Joint Budget Committee, for providing continued support to Colorado’s public higher education system. The state general fund appropriations to higher education in Colorado increased 9% this year. Lawmakers also limited undergraduate tuition increases to 3% for residents; 4% for nonresidents.
“Our state leaders have a real challenge every year when they work on the state budget because Colorado ranks near the bottom nationally in state funding for higher education – and we started this budget cycle concerned that we would continue to fall behind in a way that would not serve our students or the broader state,” Chancellor Tony Frank said. “Instead, lawmakers delivered stable funding to public higher education, and we appreciate that they recognize the importance of providing access to an affordable world-class education and serving the entire state through teaching, research and service.”
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