California State University Statement on Legislative Budget Conference Committee Action On Higher Education
Claudia Keith (562) 951-4800
(August 5, 2010) - Following yesterday's approval by the Legislative Budget Conference Committee for full funding of Governor's Schwarzenegger's May budget proposal for higher education, California State University Chancellor Charles B. Reed issued the following statement:
"We are very appreciative of the Conference Committee's actions, and want to commend them for making funding for the CSU a priority in their budget plans," said Reed. "Throughout the budget process, we have advocated that the timely enactment of this budget would allow our campuses to serve an additional 29,000 students. Last week, we made the decision to open all of our campuses for spring 2011 applications so that we are prepared to accommodate as many students as possible if the Legislature restores funding for the CSU without extended delay. This will ensure that we have eligible students, particularly undergraduate transfers, in the admissions pipeline and ready to enroll for next spring."
The Legislative Budget Conference committee approved the Governor's proposed budget for higher education, which restores $305 million above current year funding for the CSU, as well as an additional $60.6 million for enrollment growth.
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About California State University
The California State University is the largest system of senior higher education in the country, with 23 campuses, approximately 433,000 students year round and 44,000 faculty and staff. Since the system was created in 1961, it has awarded nearly 2.5 million degrees, about 90,000 annually. The CSU is renowned for the quality of its teaching and for the job-ready graduates it produces. A recent economic report found that the CSU supports more than 150,000 jobs statewide, annually. The engine driving job creation is more than $17 billion in economic activity that directly results from CSU-related spending that generates $5.43 for every dollar the state invests. The mission of the CSU is to provide high-quality, affordable education to meet the ever-changing needs of the people of California. With its commitment to excellence, diversity and innovation, the CSU is the university system that is working for California.
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