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

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  • U of I System trustees approve $8.3B budget that emphasizes academic excellence, student affordability

    The University of Illinois Board of Trustees today approved an $8.3 billion operating budget for the current fiscal year, representing a 6.2% increase from FY 2024 and prioritizing student support, academic excellence and affordability. 

  • Trustees approve modest tuition increases for incoming freshmen

    The Board of Trustees of the University of Illinois voted Thursday to increase the base tuition rate for Illinois-resident undergraduates enrolling in fall 2025 by 2.2% at the University of Illinois Urbana-Champaign and University of Illinois Chicago and 2% at the University of Illinois Springfield. 

  • 2024 tour reinforces higher ed’s role in fueling statewide economic vitality

    In their fourth annual tour of the state, leaders from the University of Illinois System and its three universities are meeting with public- and private-sector officials to build on existing partnerships and initiatives and shape new ones throughout Illinois that are directed at driving economic development through key areas such as research and tech innovation, additional education pathways, commitment to access and affordability, sustainability awareness and action, health education and health care access.