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The funding plan section of a the community college baccalaureate degree program manual provides tips for developing a budget and securing the necessary funding for the program. Here is a summary of the key considerations outlined in the section:
Enrollment Projections: Determine the expected number of students enrolling in the upper division courses over a 4 to 5-year period. Use program review data and other relevant information to forecast enrollment numbers accurately.
Full-Time Equivalent Students (FTES): Calculate the FTES based on the enrollment projections. This metric is used to determine the apportionment funding from the state.
Units per Student and Additional Revenue: Calculate the number of units per student for upper division courses offered each year. Use this information along with the enrollment projections to estimate additional revenue generated from the $84/unit fee along with any other applicable fees (e.g. non-resident fee).
Facilities and Equipment Expenditures: Identify and estimate the costs associated with facility and equipment needs. This includes considerations such as physical renovation, classroom furniture, electrical upgrades, additional equipment, and instructional technology like computers and printers.
Additional Staffing: Determine the staffing requirements for the baccalaureate program. This may include contract faculty hires, adjunct load for upper division and general education courses, advisors/counselors, and classified support staff. Consider the associated costs for salaries, benefits, and any other related expenses.
Other Operating Expenditures: Identify and estimate various operating expenses necessary for the program's success. This may include materials and supplies, library and learning resources (such as databases and books), maintenance costs, new faculty office costs, curriculum development for new courses, professional development for faculty, and student advising and outreach materials.
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Budget Calculator Sample Program Expenditure Summary
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