Governor's Proposed 2001-02 Budget
California Postsecondary Education Commission
1303 J Street, Suite 500
Sacramento, California 95814-2938
916-445-1000 January 11, 2001 - Sacramento - The Governor's proposed 2001-02 Budget, released yesterday, continues to make significant progress in assisting California's higher education system address the enrollment demand and educational needs of Tidal Wave II, according to the California Postsecondary Education Commission. Alan Arkatov, Chair of the Commission, which is the State's planning and coordinating body for postsecondary education, said, "The Governor has once again recognized the importance of increasing accessibility to California's outstanding higher educational institutions while insisting on quality and productivity without increasing costs to learners of all ages. He has advanced a budget that provides a range of educational opportunity to all who seek it at an affordable price." The proposed budget supports California's systems of higher education in providing access and high quality learning experiences. Of particular importance, the Commission noted the following.
- The Governor's proposed $220 million increase to accommodate an additional 52,000 students in California's higher education systems recognizes the continuing importance of higher education and an educated workforce to the State's economic and social well-being.
- The proposed 25% expansion of the Cal Grant program through an augmentation of $127.9 million reflects a State commitment that every financial needy high school senior who is well prepared academically can receive financial assistance to fulfill his or her academic goals.
- A seventh consecutive year of no fee increases reinforces the State's commitment to maintain an affordable cost to all Californians for the pursuit of higher education.
- By providing $160.4 million in support of the University of California, Merced campus under development, the Governor has sent a strong signal of his intent to expedite an accelerated opening date to meet educational needs in the Central Valley.