University requests more state funds
October 1, 2013
Even if Pitt receives the 5 percent increase in state appropriations it has asked for, its state funding will remain at the same level it was in the 1990s.
Pitt has submitted its $143.1 million request to Pennsylvania for the 2014-2015 fiscal year. The request includes an additional $12.1 million in academic medical center funding. The appropriation Pitt received from the state this year includes $136.3 million for general support and $11.5 million in academic medical center support.
If Pitt receives this increase, it intends to limit tuition increases to 3 percent and to increase the compensation pool by 2.5 percent, according to the request submitted Monday.
“It is important to note that the current funding level is at 1995 level in actual dollars, unadjusted for inflation,” Pitt Vice Chancellor of Communications Ken Service said in an email.
Service pointed out that the Consumer Price Index has risen by 53 percent and that the Higher Education Price Index has risen by 77 percent since 1995.
In actual dollars, the 5 percent increase Pitt has requested would put state funding in actual dollars at roughly the same level it was at in 1998.