This year state lawmakers again avoided cutting funding to higher education, which resulted in general fund appropriations of $138.4 million to the CSU System.

“This is money well-spent on behalf of the taxpayers. The state sees a 13-to-1 return in higher tax revenue alone for each CSU graduate, and in Colorado it takes less than three years for the average college grad to repay the state’s investment in their education,” said Bill Mosher, chair of the CSU System Board of Governors. “The investment which the State of Colorado makes in higher education adds clear and significant value for the people of the state.”

State funding provides only about 10.5 percent of the university’s budget in Fort Collins. By comparison, philanthropic support totaled $197.8 million last year, marking the fifth consecutive year philanthropy has topped state support. The fifth year of record fundraising set records for both academic ($166 million) and athletics ($31.8 million) support.

Annual resident undergraduate tuition at CSU will be $9,152 in FY2018, a $436 increase over FY2017. That remains below proposed in-state tuition rates at peer institutions such as University of California-Davis, Purdue, Washington State, Virginia Tech and the University of Illinois. For a Colorado comparison, resident undergraduate tuition at CU-Boulder in liberal arts for FY2018 will be $10,248.

At CSU-Pueblo, annual resident undergraduate tuition will be $6,164 for FY2018 (based on 12 credit hours per semester), an increase of $349. The per-credit-hour undergraduate tuition rate at CSU-Global Campus, which receives no state funding, will remain unchanged for the sixth consecutive year at a maximum of $350 per credit hour ($4,200 per 12 credit hours) and it will continue its structure of not charging student fees.

“CSU-Global is proud to be able to provide high-quality, affordable, and accessible higher education for nontraditional students,” said Becky Takeda-Tinker, president of CSU-Global Campus. “Time and money are the biggest challenges our students face in completing their education. By maintaining our current per-credit-hour tuition rates without fees, we look forward to continuing to increase the number of students we are able to successfully serve.”

At CSU in Fort Collins the budget provides more than $6.4 million of additional support for student financial aid, and includes pay increases of 2.25 percent for Faculty and Administrative Professional staff and 2.5 percent for State Classified staff, with $11.9 million budgeted toward those increases. The budget also includes $7.4 million for academic incentive funding and $2.2 million for strategic initiatives and quality enhancements.

“Our revamped budgeting process is bringing together more voices from across campus to collectively identify key areas of new investment, and this resulting budget strikes an important balance which recognizes affordability while also upholding quality,” said Rick Miranda, CSU’s provost and executive vice president. “We’ve worked hard to focus growth and investment on the academic core while still being attentive to needs across the entire university.”

Student fees at CSU will be $2,243 next year, up 1.44 percent, or $32, from the previous year, and student fees at CSU-Pueblo will be $1,908, a 6 percent increase of $108. These fees are approved by the student governments of each campus to help fund a range of specific services, such as student recreation, the student health network, and facilities. CSU-Global Campus, which is a 100 percent online university, does not charge student fees.