July 2024
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 |