GENERAL EDUCATION FUNDING ONLY
VANDAL HYBRID BUDGET MODEL Fiscal Year 2025 | Start date - July 1, 2024
Permanent Base Funding Calculated on
9,500 students
UNIVERSITY OPERATIONS
CENTRAL AND FIXED COSTS
CAT. 1
CAT. 2
CAT. 3
University Advancement
President’s Office
Athletics
(Growth funded by increasing endowment and gifts)
Division of Finance and Administration
Division of Research and Economic Development
Growth Self Funded
PROVOST OFFICE
CAT. 4
CAT. 5
Financial Aid
Non-Instruction
Instruction
Information Technology Services
Utilities
Strategic Enrollment Management
University Communications and Marketing
Savings Account Reserves
Student Affairs
Strategic Funding
Incremental Model
Library
Expand and Contract based on average enrollment
Colleges
Base Funding
• STUDENT CREDIT HOURS • DEGREE COMPLETIONS • ENROLLMENT
EXAMPLE
ENROLLMENT INCREASE 11,000 STUDENTS
AUXILIARY SERVICES Self-Sustaining Model
10,250 STUDENTS 9,500 STUDENTS
Performance Driven Funding
FY22 = 100% FY23 = 90% FY24 = 90% FY25 = 90%
} } Phased in Implementation
EXAMPLE
FY22 = Strategic Funding FY23 = 10% FY24 = 10% FY25 = 10%
Growth Through Performance Achievement