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CFO News
News from the Office of the Vice President/Chief Financial Officer and Comptroller

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  • Diverse Supplier Development Program graduates 29 companies

    The University of Illinois System’s Diverse Supplier Development Program celebrated the graduation of 29 companies in its second cohort on April 26. The program helps business owners from diverse backgrounds grow their companies and increase options for serving as public-sector vendors.

  • Board of Trustees freezes in-state undergraduate tuition rates for 2024-25

    The University of Illinois Board of Trustees today approved tuition rates for the 2024-25 academic year that freeze the undergraduate base rate tuition for resident undergraduate students at the three system universities. This decision reflects the system’s ongoing commitment to affordability.  

  • State funding request addresses faculty recruitment, student success initiatives, cybersecurity

    A request approved today by the University of Illinois Board of Trustees seeks an increase in state general funds appropriations of $82.7 million. The total operating funds request of $780.5 million represents an 11.9% increase from the current year’s $697.8 million appropriation. The increase would support four goals: enhancing student success; recruitment and retention of faculty members and staff; addressing inflation and other cost increases; and technological infrastructure needs.