Financial Aid and Tuition Rates
Tuition Fee Discount Funding
General Fund support for the Tuition Fee Discount program remains at the $33.8 million level of support funded in 1992/93. In March 1993, the CSU Board of Trustees unanimously approved the framework for a new student fee and financial aid policy that called for dedicating one-third of annual incremental fee revenues to augment the Tuition Fee Discount program. Absent additional increases in state support for the Tuition Fee Discount program, the Board approved set-aside of fee revenue has been the only source of funding CSU institutional grant aid.
Annual reviews of campus-reported data on eligible financial aid applicants and recipients are used to determine the number of students who qualify for Tuition Fee Discounts and the total funding for which they are eligible based on enrollment status, fees paid, and the level of their expected family contribution. Preliminary 2011/12 estimates reflect 135,513 CSU students received Tuition Fee Discounts out of 233,364 eligible students.
|Tuition Fee Discount Funding|
|CSU Tuition Fee Discounts||$397,926,000||$431,007,000||$585,773,000||$598,229,000||$621,016,000|
|State General Fund||33,785,000||33,785,000||33,785,000||33,785,000||33,785,000|
|Total Financial Aid - Tuition Fee Discount Funding||$431,711,000||$464,792,000||$619,558,000||$632,014,000||$654,801,000|
CSU allocations for the Tuition Fee Discount program represent allowances for foregone revenue the university would have received.