Budget statement from President Robert L. Caret and Chairman Henry M. Thomas III
July 1, 2013
The conference committee has taken a major step on the University's behalf by approving a funding increase that will allow UMass to freeze tuition and mandatory fees for in-state students, while at the same time continuing to provide the high level of academic quality that our students deserve and expect. The $39 million funding increase approved by the committee also moves us closer to the goal of having the state and our students providing equal funding for our academic programs.
I look forward to this UMass budget proposal receiving final approval from the House and Senate and being signed into law by the Governor. I want to thank House Speaker Robert DeLeo, Senate President Therese Murray, House Ways and Means Committee Chairman Brian Dempsey, Senate Ways and Means Committee Chairman Stephen Brewer and all the members of the Legislature who have supported us in this important effort.
A strong and affordable University of Massachusetts system is critical to the state's social and economic future, and we believe that the dramatic expression of support we have received from the committee will aid us immeasurably as we seek to provide ever-greater levels of service to the Commonwealth and its citizens.
President Robert L. Caret
On behalf of the Board of Trustees, I want to thank the conference committee for this expression of confidence and support. The Legislature is reaffirming the State's original Land Grant commitment to affordability and quality. I also want to commend President Robert L Caret for his energetic advocacy on behalf of the University and its students. President Caret's astute and visionary 50-50 funding proposal leaves us poised to write a transformative new chapter in the University's history. The Board of Trustees approved Presidents Caret's budget proposal with the strong belief that the 50-50 proposal, if approved, would be a smart investment for the future of the Commonwealth and would be in the best interest of the UMass students.
Chairman Henry M. Thomas III
January 15, 2013 - Governor Deval Patrick proposes $479 million in Fiscal Year 2014 funding for the UMass system, sufficient funding for UMass to go forward with a tuition and mandatory fee freeze -- and the Year 1 funding-level needed to achieve 50-50 state/student parity for the funding of the University's educational programs. This year, students are providing 57 percent of the funding for academic programs and the state 43 percent. President Caret has proposed that the state provide the additional funding needed to reach a 50-50 funding split, with the goal of $100 million in additional state funding to be reached over two fiscal years.
April 10 - House Ways and Means Committee proposes $479 million in funding for UMass.
May 15 - Senate Ways and Means Committee proposes $455 million in Fiscal Year 2014 funding for UMass system.
June 30 - House-Senate budget conference committee proposes $479 million for UMass, enough for the tuition and mandatory fee freeze and Year 1 funding to achieve 50-50 goal.
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