Cal Poly Pomona will see a $31.9 million increase in its base operating budget, including $20.5 million in recurring revenues thanks to the state fully funding the CSU system’s budget request. In June, state lawmakers approved a budget that included…
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Gov. Gavin Newsom’s May revise of his proposed budget includes more than $800 million in recurring and one-time funding slated for the CSU system. Faced with a recession brought on by the COVID-19 pandemic, Newsom cut $299 million in funding…
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Cal Poly Pomona is expediting the process to distribute a minimum of $15.5 million in grants to students in need starting the week of April 5. The federal funds, received in mid-March, are part of the Coronavirus Response and Relief…
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The Early Exit Program (EEP), one of several measures Cal Poly Pomona is taking to eliminate a $20 million budget gap this fiscal year (FY 20-21), could save the university an estimated $7 million, according to preliminary estimates. The EEP—which…
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As COVID-19 continues to rage across California, university campuses statewide are facing fiscal challenges they haven’t experienced in more than a decade. For Cal Poly Pomona (CPP), that means grappling with a $20 million reduction in State general fund allocation for fiscal year (FY) 20-21 brought on by…
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