Subject: Budget and Finance
Board Policy
The Board authorizes the campuses to propose differential tuition rates and increases in resident undergraduate tuition in accordance with current law (CRS 23.5.130.5) for Board review and approval.
Procedures
- Presidents propose tuition rates within the budget request plans submitted to the Audit and Finance Committee for the next fiscal year during the annual cycle of budget request review and approval, based on “open and transparent” discussions on the campuses and provision for student involvement.
- The Board considers any proposed revisions to the CSUS Financial Accountability Plan during the annual cycle, and provides opportunity for student government comment.
- Any revision of the approved Plan and the campus rate proposals must take into account institutional need, appropriate comparisons, and availability of student financial assistance so as to prevent cost from interfering with access, committing appropriate portions of tuition increase yields to that end.
- Final approval of such plans and related budgetary documents occurs during the May meeting of the Board.
- Following final approval, the Board provides information on tuition rates as requested or required by the CCHE.
History
- Effective Oct. 4, 2013, by Board Resolution
- Amended Aug. 2, 2017, by Board Resolution