Sources of Revenue
State University Fee Revenue from 2.5% Enrollment Growth and Current-Year Adjustments, $38.7 Million
The 2009/10 budget plan includes adjusted SUF revenue associated with 2.5 percent resident student enrollment growth or an additional 8,572 FTES, and no increase in undergraduate, teacher credential program, and graduate/postbaccalaureate SUF rates. SUF revenue from 2.5 percent enrollment growth will generate $31.2 million. Current-year SUF revenue adjustments due to changes in student enrollment patterns amount to $7.5 million. The total SUF revenue from 2.5 percent enrollment growth and current-year adjustments is $38.7 million, and net of financial aid is $31.9 million. Based on Compact fee policy, between 20 and 33 percent of all new SUF revenue from enrollment growth and SUF rate changes shall be used to increase CSU financial aid, to fund State University Grants and state-mandated fee waivers. The 2009/10 budget plan applies 33 percent of marginal cost fee revenue associated with enrollment growth to CSU financial aid, in the amount of $6.8 million.
| CSU STATE UNIVERSITY FEE (SUF) RATES | ||||||
|---|---|---|---|---|---|---|
| STUDENT LEVEL | SUF Rate | Resident Student Headcount* |
Gross Resident SUF Revenue | Number of Funded SUF Waivers | Revenue Reduction From Waivers |
Net Resident SUF Revenue |
| Undergraduate | ||||||
| Regular (6.1 or more units) | $3,048 | 313,760 | $955,604,000 | 4,449 | ($13,560,000) | $942,044,000 |
| Limited (0-6 units) | 1,770 | 55,485 | 98,542,000 | 2,923 | (5,173,000) | 93,369,000 |
| Credential Program Participants | ||||||
| Regular | $3,540 | 9,739 | $34,433,000 | 41 | ($145,000) | $34,288,000 |
| Limited | 2,052 | 3,508 | 7,218,000 | 11 | (22,000) | 7,196,000 |
| Graduate/Post-Baccalaureate | ||||||
| Regular | $3,756 | 31,601 | $118,595,000 | 306 | ($1,150,000) | $117,445,000 |
| Limited | 2,178 | 30,132 | 65,779,000 | 2,582 | (5,623,000) | 60,156,000 |
| Totals | 444,225 | $1,280,171,000 | 10,311 | ($25,673,000) | $1,254,498,000 | |
| 2008/09 Net Adjusted Revenue Projection | $1,215,804,000 | |||||
| 2009/10 2.5 Percent Resident Enrollment Growth SUF Revenue | $31,191,000 | |||||
| 2008/09 Current Year Revenue Adjustments | 7,503,000 | |||||
| Total Projected 09/10 Revenue Increase | $38,694,000 | |||||
| Financial Aid Set-Aside @ $791/FTES | (6,780,000) | |||||
| SUF Fee Revenue Increase Net of Financial Aid | $31,914,000 | |||||