Jan 10, 2019
The $300 million ongoing increase in funding for the California State University (CSU) proposed by Governor Newsom will allow CSU to provide increased access to a high-quality education to more qualified students, continue to improve student achievement and reduce equity gaps.
“In his first budget proposal, Governor Newsom reflects his commitment to reinvesting in higher education and the California State University,” said CSU Chancellor Timothy P. White. “This marks the single largest proposed investment by any governor in the history of the university, and we are extremely appreciative of Governor Newsom’s bold investment in us.
“Previous investments are paying off as student success across the CSU has never been higher. With the fifth largest economy in the world, California continues to reap the benefits of those investments. Many of the more than 125,000 people who earn degrees from a CSU campus every year go on to become leaders in industry and their California communities.
“Governor Newsom called for Californians to prove that people of good faith and firm will can still come together to achieve big things. The CSU is the key to the state’s future, and there is no better investment for the California he envisions. We look forward to working with the governor and his administration to achieve his goals of a California for all.”
In his January 2019-20 budget proposal, Governor Newsom proposed an ongoing increase of $300 million for the CSU to fund Graduation Initiative 2025, enrollment growth and employee compensation and mandatory costs.
The governor is also proposing one-time allocations of $247 million to assist the university in addressing a growing backlog of maintenance for aging facilities across the 23 campuses, and $15 million to help support the basic needs of students.
About the California State University
The California State University is the largest system of four-year higher education in the country, with 23 campuses, 52,000 faculty and staff and 481,000 students. Half of the CSU’s students transfer from California community colleges. Created in 1960, the mission of the CSU is to provide high-quality, affordable education to meet the ever-changing needs of California. With its commitment to quality, opportunity, and student success, the CSU is renowned for superb teaching, innovative research and for producing job-ready graduates. Each year, the CSU awards more than 125,000 degrees. One in every 20 Americans holding a college degree is a graduate of the CSU and our alumni are 3.7 million strong. Connect with and learn more about the CSU in the CSU NewsCenter.