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UC's have an endowment (~$10B), and for UCLA (where I work), the state funds contribute to about 6% of revenues. Tuition is only about 10%.
by skosuri 9y ago
UC's have an endowment (~$10B), and for UCLA (where I work), the state funds contribute to about 6% of revenues. Tuition is only about 10%.
- kenhwang 9y agoDidn't realize how close the UCs were to being essentially private universities these days. No wonder they're targeting higher percentages of out of state enrollments.
- kccqzy 9y agoBut still not as much as private ones. Even the highest, Berkeley and UCLA, have about 21-22% of OOS and international students. The remaining UCs have less than 20%.
- jdale27 9y agoThanks, I stand corrected.
- kccqzy 9y agoThanks for the numbers. I was a bit skeptical but I found sources: - student tuition and fees, 10.8% - state educational appropriations, 7.2% See page 37 of https://ucla.app.box.com/v/acct-pdf-AFR-15-16 https://ucla.app.box.com/v/acct-pdf-AFR-15-16
- ec109685 9y agoThat is misleading because they are counting their hospital’s revenue in the pie. That only matters if the hospitals are generating profits the rest of the university can use. Otherwise, the hospital is revenue coming in and costs being spent with no relation to the education arm of the system.
- amdavidson 9y agoThe hospital does account for ~33% of revenues[0], but the Med School and the Hospital also account for ~55% of total expenses[1] so it doesn't seem entirely unfair to include them in the revenue stream. 0: https://ucla.app.box.com/v/acct-pdf-AFR-15-16 https://ucla.app.box.com/v/acct-pdf-AFR-15-16 page 37 1: https://ucla.app.box.com/v/acct-pdf-AFR-15-16 https://ucla.app.box.com/v/acct-pdf-AFR-15-16 page 28