
Financial Strength
UCCS New Budget Model
UCCS will strengthen its financial position to improve student access and affordability.
Important Information
Outcomes
This strategy will:
- Plan and implement an incentive-based budget model.
- Cultivate, build and increas strong, steady streams of revenue from a more diversified collection of sources.
- Improve student affordability and access across all student populations.
Measures of Success
How will we know we're successful? We will have:
- Implemented an incentive-based budget model by 2023.
- Increased institutional aid streams, measured by both dollars and employees.
- Increased the total percentage of the education and general expenses budget funded by sources other than tuition.
Initiatives
How will we get there? We will:
- Restructure tuition tables to an activity-based model.
- Commercialize partnerships and undeveloped campus lands.
- Share service agreements.
- Decrease the cost to students through outside means, such as third-party payments, internships and new scholarship opportunities.
- Research funding that increases indirect cost recoveries and decreases base funding.