We have posted on our website a document that shows how budget cuts proposed for the UW compare to those in other states, including the Global Challenge states (A group including California, Minnesota, Michigan, New York, Massachusetts, Colorado and others that are used as a benchmark for states competing in the global economy). Here are some highlights —
- The level of budget cuts proposed for higher education in Washington are higher than those being considered by any other state in the country but Nevada.
- The 23-31 percent budget cuts in Washington are much higher than the average cuts being considered by the home states of our peer institutions.
- 8-9 percent cuts among the UW Global Challenge Peers
- 7-8 percent cuts among the UW HEC Board 24 Peers
- Tuition at the UW ranks lowest among the Global Challenge State peers, and ranks 18th out of 24 HEC Board peers.
- A 14 percent tuition increase equates to approximately $875 a year in additional fees for resident undergraduate students at the UW.
- After a 14 percent tuition increase, the UW remains the most affordable institution among the Global Challenge State peers and maintains its relative affordability among HEC Board peers.
- Federal increases of $1,000 in Pell grants plus planned increases in Washington State Need Grants will significantly lessen the impact of an $875 tuition increase on students and families.
- The expanded federal tuition tax credit, from $1,800 to $2,500, will assist families making up to $160,000 per year to recover educational expenses over four years, including the $875 tuition increase. Families at the lowest income levels with taxes below $2,500 could actually receive a rebate up to $1,000.
- Students who qualify for Husky Promise will continue to pay zero tuition for four years.
You can read the entire document here.