July 2024

Universities

University of California Core Funding by Source

(Dollars in Millions Except Funding Per Student)

  2022-23 Actual 2023-24 Revised 2024-25 Enacted Change from 2023-24
  Amount Percent
Ongoing Core Funds          
General Fund $4,369 $4,718 $4,983 $265 5.6%
Tuition and feesa 5,174 5,390 5,603 213 4.0
Lottery 72 58 58 c c
Other core fundsb 243 242 242
Totals $9,858 $10,408 $10,886 $478 4.6%
FTE studentsd 289,695 292,457 296,937 4,480 1.5%
Funding per student $34,029 $35,589 $36,662 $1,074 3.0%
           
a Includes funds used for student financial aid.
b Reflects various other small fund sources, including a portion of overhead funding on federal and state grants, a portion of patent royalty income, and a portion of investment earnings.
c Less than $500,000 or 0.5 percent.
d Reflects total combined resident and nonresident enrollment. The 2024-25 number incorporates the resident enrollment growth expectation in the 2024-25 Budget Act.
FTE = full-time equivalent