Welcome to the VCU Budget Update website, initially developed to provide comprehensive information on the university’s response to the most serious financial situation in its history. It continues to provide a point of access for up-to-date and background information on VCU's budget.
Like so many of the nation’s public universities that have been dependent on tax revenues, VCU must seriously address the clear shortcomings of an incremental budget model that does not permit the kind of important mission focus, accountability and transparency that is required today. Now is the time to develop and institute a new budget model that supports the long-term sustainability of VCU as a top urban, public research university.
This website will be updated on an ongoing basis with background information, reports, news and the latest communications from President Rao and other VCU administrators. Information about the adopted 2014-15 budget is available in the Adopted Tuition and Fees and University Budget Plan.