UC Riverside Chancellor Kim A. Wilcox Issues Statement of Support for UC’s Long-Term Tuition and Financial Aid Stability Plan

Chancellor Kim A. Wilcox Photo by Carrie Rosema

RIVERSIDE, Calif. (www.ucr.edu) -– UC Riverside Chancellor Kim A. Wilcox today issued a statement of support for the proposed UC Long-Term Tuition and Financial Aid Stability Plan proposed last week by UC President Janet Napolitano.

The plan provides for annual increases of up to 5 percent each year to provide stability to the tuition students pay as well as to the funding the university system can expect.  As noted by UC administrators in announcing the plan, the past two decades have seen wide volatility in UC tuition due to California state budget swings.

“In the last 20 years, the UC system has seen wide swings in tuition paid by students and their families.  The recent financial crisis caused double-digit increases to tuition.

“Tuition volatility often made it difficult for students and families to plan for college and graduate school expenses.  At the same time, the funding cuts and resulting budget unpredictability adversely affected all UC Campuses.  As a result, today, the UC system receives $460 million less in state funding than it did in 2007/08, even though UCR and other campuses now serve more students than ever.

“Meanwhile, the University and our campus have redoubled efforts to improve operating efficiencies and reduce costs.  The UC system has in the past four years achieved more than $660 million in savings and revenue generation through its ‘Working Smarter’ initiative.

Chancellor Kim A. Wilcox addresses students protesting the planned tuition fee increase in front of Hinderaker Hall on Nov. 18, 2014.

Chancellor Kim A. Wilcox addresses students protesting the proposed tuition increase in front of Hinderaker Hall on Nov. 18, 2014.

“Here at UC Riverside, after years of belt-tightening, we have firm plans to grow our faculty and student body to further serve our region, the state, and the world.  We also are on a mission to improve our campus’ course offerings, providing greater access for students to the classes they need to graduate, improving student services, and reducing class sizes.  We also are committed to improving graduation rates and reducing time to degree and, at the same time, improving infrastructure, buildings, research facilities, and student services.

“Under the tuition plan, just as families will be able to plan more effectively, so too will the UC Riverside campus.

“This region and the state, our students, and their families, deserve to know that adequate funding exists to bring enhanced access to the world’s best public university system.  The state economy has rebounded from the recession, and now is the time to re-invest in this and other campuses.”

— Kim A. Wilcox, Chancellor

UC welcomes students who dream big.

UC welcomes students who dream big.

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