UCSF has the second highest income in the system, following UCLA. Almost 80 percent of UCSF’s revenue comes from its medical center and research grants; student tuition makes up a miniscule 1 percent in UCSF’s budget. Each UC campus currently pays 1.6 percent of its revenue to UC headquarters. The money is used for system-wide services, such as pension payments, legal and other shared services offered by the Office of the President, said UC spokesman Steve Montiel… With the trend of state cuts, the UC has hiked student tuition to make up for the losses. Most recently, tuition increased 9.6 percent in July 2011 to counter $650 million in cuts from the state. But because tuition makes up so little of UCSF’s revenue, the increases themselves have had little impact on the campus.

Read full article [here].
by Emily Suh, The Daily Bruin.

Posted: February 17th, 2012, by: admin. Categories: . Awaiting Comments.