Budget

Top News
Top news RSS feed
David Gray Asked and Answered logo

Asked and Answered: An Ongoing Discussion (April 25, 2017)

4/24/17

University leaders are always looking for new ways to effectively communicate with faculty and staff. In a new video feature, Penn State leaders are answering your questions. This week, David Gray, senior vice president for Finance and Business, talks about physician choice in the upcoming Penn State health care plans.

Capital Day banner photo

Penn State Capital Day: What you need to know

3/20/17

Penn State Capital Day takes place March 22 and brings together the Penn State community and Pennsylvania elected officials, with a high-energy rally in the Capitol rotunda capping the day’s events. You can join the conversation online by using #PSUCapitalDay on social media.

Penn State leadership addresses federal budget blueprint proposal

3/17/17

Penn State’s leadership weighed in today (March 17) following the release of the White House’s 2018 budget blueprint, which among other things calls for significant reductions in federal aid to low-income students and critical research grant funding that drives innovation and economic activity. Penn State’s Office of Government and Community Relations, and other leaders, are in touch with Pennsylvania’s Congressional delegation as debate on the budget begins.

Barron addresses Pennsylvania Senate Appropriations committee

3/2/17

Penn State president Eric J. Barron addressed the Pennsylvania Senate Appropriations Committee on March 1. Barron emphasized the critical importance of Penn State’s long-term partnership with the Commonwealth, and underscored the university’s role as an economic driver for Pennsylvania.

Penn State's Old Main on the University Park campus, fall 2016

Board of Trustees committee recommends 2017-18 budget plan

9/15/16

The Penn State Board of Trustees Committee on Finance, Business and Capital Planning today (Sept. 15) recommended for approval a 2017-18 budget request that seeks a $25.3 million increase from the state in the University’s Education and General appropriation, for a total of $350.5 million in support.

Board committee recommends 2016-17 operating budget and tuition, fees

7/21/16

The Board of Trustees Committee on Finance, Business and Capital Planning today (July 21) recommended a University budget, and tuition and fees schedule. This year’s proposed 1.76 percent base aggregate tuition increase for undergraduate Pennsylvania residents is among the lowest at the University in 50 years and includes no increase for resident students at eight Penn State Commonwealth Campuses. This follows last year’s action to freeze base tuition for all in-state undergraduate students.

State budget passes; University sees increased funding

7/13/16

Pennsylvania’s legislature today (July 13) has passed, and Gov. Tom Wolf has signed, the final pieces of the Commonwealth’s 2016-17 budget. The budget includes increases of 2.5 percent for Penn State’s general support appropriation; the University’s Agricultural Research and Extension programs; and Pennsylvania College of Technology.

Portrait of Penn State President Eric Barron in front of Old Main on April 22, 2016.

President sends end-of-semester message to faculty and staff

5/19/16

Penn State President Eric J. Barron on May 19 sent a wide-ranging message to University employees, highlighting significant accomplishments — such as Invent Penn State — and opening the conversation on a series of upcoming challenges, including budget deliberations and possible salary increases.

Trustees committee recommends interim budget for 2016-17

5/5/16

Penn State’s Board of Trustees Committee on Finance, Business and Capital Planning today (May 5) recommended for approval an interim maintenance and operating budget of slightly more than $4.89 billion. The full board will vote on the recommendation at its meeting on Friday (May 6).

The Nittany Lion Shrine

Leadership shares message with University community following budget resolution

3/28/16

President Eric J. Barron, Executive Vice President and Provost Nicholas P. Jones, and Senior Vice President for Finance and Business David J. Gray have shared a message with the University community following the recent resolution of the impasse over the state's 2015-16 budget. "If there ever has been a perfect example of Penn Staters living the University’s values," they wrote, "this experience was it."

Penn State's 2015-16 appropriations released

3/23/16

After an extended budget stalemate, a supplemental state budget bill that includes increased funding for Penn State and Pennsylvania’s other state-related universities for the 2015-16 budget year will become law.

Penn State Executive Vice Provost and President Nicholas P. Jones at a podium during a press conference in the capitol rotunda in Harrisburg, Pa.

In Harrisburg, Pa. University leaders urge action on budget

3/2/16

Without action to release appropriations that are eight months overdue, there will be profound changes to four universities that together educate more than 110,000 Pennsylvanians each year. That was the clear message Wednesday (March 2) from leaders of Penn State, Temple, Lincoln and the University of Pittsburgh during their appropriations hearings before the House and Senate, and in a press conference in the Capitol Rotunda.

President warns of budget impasse's impact on Ag Research and Extension in Pa.

2/26/16

At a meeting of Penn State's Board of Trustees on Feb. 26, President Eric Barron outlined the projected, irreversible impact of Harrisburg's budget stalemate on the University's Agricultural Research and Extension operations. If state appropriations for the programs, which provide a wide range of critical services to the agricultural community in all 67 Pennsylvania counties, are not approved before May, Barron said 1,100 positions could be lost statewide. State lawmakers and the governor have not for the past eight months been able to come to agreement on the state budget, holding up funding for the Commonwealth's four state-related universities, a combined amount of more than $600 million. For Penn State, not only is its education funding in jeopardy, but also its funding for agricultural activities across the state.

Pages