Arizona State University FY2028 Proposed Budget
A proposed operating budget request for Arizona State University for fiscal year 2028, submitted to the State of Arizona as a pre-adoption budget request.
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A proposed operating budget request for Arizona State University for fiscal year 2028, submitted to the State of Arizona as a pre-adoption budget request.
Arizona State University's proposed operating budget request for fiscal year 2027, submitted to the Governor and legislature as a pre-adoption draft for consideration.
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This document details Arizona State University's Earned Admission (EA) program, a performance-based pathway to undergraduate degree access. The program's core strategy involves enabling learners to demonstrate college readiness through successful completion of ASU online coursework, thereby expanding access while maintaining academic standards. Key components include a pay-after-you-pass financial model, integrated support structures like advising and coaching, and the use of Universal Learner Courses (ULCs). The program aligns with the university's charter to define success by inclusion and learner outcomes, aiming for increased degree attainment and financial sustainability linked to long-term learner success.
The board and committee reviewed the Annual Capital Plan (ACP) for Arizona State University, which includes seven new projects totaling $676 million, such as the PSH Research Laboratory Complex Modernization, Polytechnic Student Union Expansion, Central Plant Transformer and Switchgear replacement, McCain Center, ASU Health Building, MTW Partnership Renovations, and East Athletic Village facilities. The discussions covered financing strategies involving system revenue bonds and SPEED bonds, alignment with institutional goals for academic success and research competitiveness, and the request for policy waivers for projects not previously included in the Capital Improvement Plan. Additionally, the committee reviewed debt capacity, operational impacts, and project-specific justifications for the proposed renovations and construction.
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