Performing its mission
At a recent OU Board of Regents meeting, Boren told the board he was concerned about the impact budget cuts have had on the university’s ability to perform its mission. In most cases, he said, when budgets are slashed, students end up making up the difference through increases in tuition and fees.
Since the 1980 fiscal year, OU has seen tuition and fees overtake state appropriations as the university’s largest funding source. In 1980, the university received 38.1 percent of its budget from the state. Just 10.4 percent of the university’s budget came from tuition and fees, making it the fourth-largest revenue source.
During the 2010-2011 academic year, state appropriations accounted for just 18 percent of the university’s budget. Tuition and fees, the largest revenue generator, made up 27.7 percent of OU’s budget.
“Hopefully we will see a reversal in the steep decline in the percentage of public college and university budgets coming from the state,” he said. “This drop in state support has pushed more costs on to students and their families.”