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Higher education funding

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Higher education
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Higher education funding
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Higher education funding mechanisms differ depending on the type of institution. Public colleges receive the lion's share of their funding from state and local governments. According to the Center on Budget and Policy Priorities, state and local appropriations accounted for 53 percent of higher education revenues nationwide in 2013. By contrast, private institutions do not receive direct government funding. Instead, these institutions rely primarily on tuition, gifts, and endowments.[1][2]

The 2008 recession led to decreased public higher education funding as college enrollment increased:

By 2012, the tuition revenues collected by public universities in 20 states covered more educational costs than did state-provided dollars.[3]
—Texas Coalition for Excellence in Higher Education[4]

While there have been moderate increases in state allocations between 2012 and 2015, the average amount of spending "is still 15 percent less, per student, than before the economic downturn," according to a study by the State Higher Education Executive Offices (SHEEO).[5]

Higher education funding by state

2015

In fiscal year 2015, California boasted the highest level of funding for public higher education at $11.6 billion. Meanwhile, Vermont's funding was the lowest in the nation at $91.6 million. The table below provides public higher education funding figures by state for fiscal years 2013, 2014, and 2015.[6]

State funding for higher education
State Fiscal year 2013 Fiscal year 2014 Fiscal year 2015 Percent change
Alabama $1,406,898,493 $1,441,862,304 $1,465,539,719 4.2%
Alaska $369,797,900 $384,666,000 $382,551,600 3.4%
Arizona $843,251,300 $880,468,000 $915,770,300 8.6%
Arkansas $1,015,018,606 $1,001,496,233 $991,527,821 -2.3%
California $9,577,505,000 $10,535,904,000 $11,688,629,379 22.0%
Colorado $640,628,978 $679,462,447 $778,730,431 21.6%
Connecticut $887,708,438 $1,018,691,658 $1,117,135,194 25.8%
Delaware $216,492,700 $227,606,200 $226,594,100 4.7%
Florida $3,338,709,070 $3,925,291,451 $4,226,714,318 26.6%
Georgia $2,624,294,318 $2,790,040,144 $2,897,661,906 10.4%
Hawaii $526,179,654 $530,388,306 $568,084,290 8.0%
Idaho $360,070,800 $374,642,100 $401,454,400 11.5%
Illinois $3,566,692,200 $4,082,978,500 $4,943,150,400 38.6%
Indiana $1,550,123,889 $1,695,683,480 $1,681,133,009 8.5%
Iowa $787,419,692 $823,333,019 $847,741,404 7.7%
Kansas $795,346,375 $771,121,325 $803,124,160 1.0%
Kentucky $1,187,665,803 $1,194,881,285 $1,171,138,600 -1.4%
Louisiana $1,174,061,988 $1,125,250,832 $1,131,183,764 -3.7%
Maine $265,872,234 $271,864,121 $272,245,555 2.4%
Maryland $1,617,306,184 $1,718,546,477 $1,833,600,977 13.4%
Massachusetts $1,255,182,474 $1,342,072,529 $1,462,827,301 16.5%
Michigan $1,608,824,500 $1,669,524,700 $1,784,194,800 10.9%
Minnesota $1,285,247,000 $1,394,503,000 $1,445,822,000 12.5%
Mississippi $924,952,654 $973,846,876 $1,009,235,634 9.1%
Missouri $931,239,665 $954,236,519 $1,032,061,214 10.8%
Montana $202,187,817 $226,961,354 $240,959,102 19.2%
Nebraska $659,571,367 $688,173,035 $717,198,058 8.7%
Nevada $472,368,017 $487,184,042 $492,758,426 4.3%
New Hampshire $85,622,352 $109,000,000 $123,155,000 43.8%
New Jersey $1,888,439,000 $1,990,469,000 $2,070,674,000 9.7%
New Mexico $832,616,879 $856,215,012 $899,300,036 8.0%
New York $5,113,034,854 $5,283,125,597 $5,466,691,712 6.9%
North Carolina $3,751,478,952 $3,617,627,709 $3,726,028,884 -0.7%
North Dakota $343,805,783 $409,693,640 $409,693,640 19.2%
Ohio $2,050,123,177 $2,104,931,061 $2,133,970,812 4.1%
Oklahoma $1,044,735,666 $1,053,566,920 $1,049,486,716 0.5%
Oregon $580,701,607 $631,121,950 $694,391,073 19.6%
Pennsylvania $1,632,655,000 $1,644,692,000 $1,658,992,000 1.6%
Rhode Island $160,539,277 $166,650,435 $176,937,827 10.2%
South Carolina $910,405,772 $909,110,205 $970,219,549 6.6%
South Dakota $196,229,662 $207,837,626 $217,442,912 10.8%
Tennessee $1,455,168,883 $1,587,786,604 $1,579,203,336 8.5%
Texas $6,341,327,744 $6,943,348,308 $6,824,241,136 7.6%
Utah $748,759,000 $798,346,200 $887,761,300 18.6%
Vermont $89,340,755 $92,686,200 $91,637,327 2.6%
Virginia $1,712,075,324 $1,780,468,378 $1,810,767,689 5.8%
Washington $1,372,858,000 $1,570,807,000 $1,580,750,000 15.1%
West Virginia $546,188,678 $515,656,320 $505,352,932 -7.5%
Wisconsin $1,163,226,571 $1,114,018,800 $1,194,317,083 2.7%
Wyoming $383,533,411 $352,669,707 $373,838,466 -2.5%
United States $72,493,483,464 $76,950,508,609 $80,973,621,292 11.7%
Note: Dollar figures do not account for differences in the cost of living between states. Learn more here.
Source: Grapevine, "Table 1: State Fiscal Support for Higher Education, by State, Fiscal Years 2009-10, 2012-13, 2013-14, and 2014-15"

2014

In fiscal year 2014, California boasted the highest level of funding for public higher education at $10.5 billion. Meanwhile, Vermont's funding was the lowest in the nation at $89.3 million. The table below provides public higher education funding figures by state for fiscal years 2013 and 2014. [7][8]

Per student funding by state

2014

According to the State Higher Education Executive Officers Association, average adjusted public postsecondary appropriations per full-time student declined 13.3 percent from fiscal year 2009 to 2013 on average in the United States. The table below lists adjusted public higher education appropriations per full-time student by state in fiscal years 2009, 2013, and 2014.[9]

Public higher education appropriations per full-time student (in constant 2014 dollars)
State Fiscal year 2009 Fiscal year 2013 Fiscal year 2014 1 year change 5 year change Change since recession
Alabama $6,888 $5,694 $5,673 -0.4% -17.6% -38.9%
Alaska $13,650 $13,188 $13,978 6.0% 2.4% 5.8%
Arizona $7,736 $5,056 $5,171 2.3% -33.2% -35.7%
Arkansas $7,987 $7,731 $7,653 -1.0% -4.2% -5.8%
California $7,938 $7,252 $7,509 3.5% -5.4% -14.9%
Colorado $4,514 $2,822 $3,022 7.1% -33.0% -27.6%
Connecticut $9,192 $6,509 $7,192 10.5% -21.8% -26.3%
Delaware $6,476 $4,954 $5,052 2.0% -22.0% -24.4%
Florida $7,320 $4,879 $5,798 18.9% -20.8% -31.7%
Georgia $8,497 $6,836 $7,297 6.7% -14.1% -23.2%
Hawaii $10,255 $7,532 $7,618 1.1% -25.7% -24.8%
Idaho $10,266 $6,676 $7,004 4.9% -31.8% -33.4%
Illinois $8,223 $9,626 $12,293 27.7% 49.5% 50.2%
Indiana $5,321 $4,501 $5,005 11.2% -5.9% -4.4%
Iowa $6,810 $5,112 $5,335 4.4% -21.7% -20.8%
Kansas $6,711 $5,745 $5,648 -1.7% -15.8% -18.4%
Kentucky $8,428 $6,884 $6,824 -0.9% -19.0% -24.5%
Louisiana $9,096 $5,625 $5,606 -0.3% -38.4% -40.5%
Maine $6,920 $6,096 $6,252 2.5% -9.7% -12.8%
Maryland $7,926 $7,022 $7,512 7.0% -5.2% -12.5%
Massachusetts $6,805 $5,785 $6,073 5.0% -10.8% -23.1%
Michigan $5,905 $4,564 $4,765 4.4% -19.3% -22.9%
Minnesota $6,680 $4,814 $5,327 10.7% -20.2% -24.0%
Mississippi $7,775 $6,274 $6,514 3.8% -16.2% -23.7%
Missouri $7,172 $5,311 $5,297 -0.3% -26.1% -27.8%
Montana $5,274 $4,379 $4,939 12.8% -6.4% -5.1%
Nebraska $7,976 $7,503 $7,840 4.5% -1.7% -5.5%
Nevada $9,678 $6,826 $7,016 2.8% -27.5% -30.8%
New Hampshire $3,483 $1,724 $2,360 36.8% -32.3% -33.3%
New Jersey $7,206 $5,658 $5,520 -2.4% -23.4% -28.3%
New Mexico $8,985 $8,269 $8,029 -2.9% -10.6% -23.7%
New York $8,659 $8,129 $8,454 4.0% -2.4% -4.7%
North Carolina $9,619 $8,851 $8,562 -3.3% -11.0% -21.7%
North Dakota $5,420 $6,688 $7,888 17.9% 45.5% 37.5%
Ohio $5,777 $4,249 $4,314 1.5% -25.3% -23.5%
Oklahoma $8,951 $7,193 $7,080 -1.6% -20.9% -21.3%
Oregon $5,587 $3,952 $4,214 6.6% -24.6% -29.4%
Pennsylvania $5,645 $3,633 $3,654 0.6% -35.3% -37.4%
Rhode Island $5,169 $4,547 $4,690 3.2% -9.3% -24.0%
South Carolina $6,092 $4,891 $4,894 0.0% -19.7% -36.5%
South Dakota $5,618 $4,872 $4,878 0.1% -13.2% -19.2%
Tennessee $8,875 $6,266 $6,959 11.0% -21.6% -22.9%
Texas $8,895 $7,366 $8,050 9.3% -9.5% -14.8%
Utah $6,648 $5,106 $5,506 7.8% -17.2% -25.7%
Vermont $2,889 $2,708 $2,816 4.0% -2.5% -11.0%
Virginia $6,215 $4,635 $4,779 3.1% -23.1% -26.1%
Washington $7,178 $4,945 $5,700 15.3% -20.6% -25.2%
West Virginia $6,319 $5,887 $5,530 -6.1% -12.5% -25.9%
Wisconsin $7,100 $5,990 $5,786 -3.4% -18.5% -18.2%
Wyoming $17,123 $16,800 $15,561 -7.4% -9.1% -5.3%
United States $7,553 $6,215 $6,552 5.4% -13.3% -18.9%
Notes: "Educational appropriations are a measure of state and local support available for public higher education operating expenses including ARRA funds, and exclude appropriations for independent institutions, financial aid for students attending independent institutions, research, hospitals, and medical education."
"Adjustment factors, to arrive at constant dollar figures, include Cost of Living Adjustment (COLA), Enrollment Mix Index (EMI), and Higher Education Cost Adjustment (HECA). The Cost of Living Adjustment (COLA) is not a measure of inflation over time."
Source: State Higher Education Executive Officers Association, "State Higher Education Finance: FY 2014"

2013

According to the State Higher Education Executive Officers Association, average adjusted public postsecondary appropriations per full-time equivalent student (FTE) declined 23 percent from fiscal year 2008 to 2013 on average in the United States. The table below lists adjusted public higher education appropriations by state for fiscal years 2008, 2012, and 2013. [8]

See also

External links

Footnotes