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UC announces ambitious fundraising campaign

As the University of California seeks to sharply increase student fees, its president, Mark G. Yudof, today announced plans to soften the impact with an ambitious campaign to raise $1 billion for financial aid and a policy change widening the aid eligibility for more middle-income families.

The 10 UC campuses have committed to raise the $1 billion in private funds for student aid over the next four years, Yudof said. That would be double the amount the system garnered for that purpose over the last five years.

UCFees4 The university also wants to expand an existing financial aid program that uses UC, federal and state grants to cover all basic education fees but not room and board for most students whose family incomes are $60,000 or below. Yudof says he will ask the Board of Regents to broaden that “Blue and Gold Opportunity Plan” to cover household incomes up to $70,000 to ensure that no academically qualified student is shut out.

That change would add about 800 students to full coverage of fees, officials estimate. The main goal is symbolic — to encourage high school students to apply to UC, officials said.

About half of UC’s 170,000 undergraduates receive some aid, and that averages $11,100 per student, according to university statistics. Many low-income students receive help with living costs, and some students with family incomes above $100,000 a year receive some fee aid depending on their household circumstances.

In response to reduced state funding, the UC regents next month are expected to vote on a proposal to raise undergraduate fees by $2,514 by next fall to $10,300. The cost of room, board, books and other expenses can add another $15,000 to annual bills.

—Larry Gordon

 
Comments () | Archives (7)

I wouldn't give UC a dime!
My son's a senior in high school, and it is making me so mad that UC is making it more difficult for qualified students to be admitted.
First, they're admitting unqualified students who'll probably end up dropping out, for the sake of diversity. Now, they're limiting in-state students so that they can have more out-of-state students who pay higher tuition. The gall! Do they need to be reminded that they are funded by taxes paid by CA residents? After taking our money, they're turning their backs on us so that they can receive more tuition from out-of-state students?

I wish I could just raise my fees when I need more money instead of cutting expenses. typical.

Many of us our a product of the UC system. It is time to support them.
Fred

Joanne:

You're right. The qualified and not-so-diverse students which make up the typical, your persepective now, UC student body which you are referring to never, ever, ever drop out.

Unfortunately they are cutting expenses, but there are only so many things that can be cut. The UC's are great schools and I believe we need to raise money for these institutions.

Still a bargain compared to a private university for $40,000 a year. Get over it.

It's such a shame when good students are prevented from furthering their education just because of money. it seems so unfair


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