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Budget

Campus’s Direct Investment in Regional Economy Exceeds $1.1 Billion

The University of California, Merced, has directly invested more than $1.1 billion into the San Joaquin Valley economy since the newest UC campus began start-up operations in July 2000, according to the campus’s Division of Business and Administrative Services.

The investment total represents an increase of $155 million over the past 12 months, the university reported. It includes the cumulative value of all wages and benefits paid, construction contracts awarded, and goods and services purchased within the San Joaquin Valley through August 2014.

UC Merced Caps Successful Year with an Eye on the Future

MERCED, Calif. — Though UC Merced looked back this year to celebrate the 10th anniversary of the campus’s groundbreaking, signs of what the future will hold continue to come into focus.

Those signs include cutting-edge research moving forward in the San Joaquin Valley – the state’s fastest growing region – and around the world, the growing campus, and the ever-strengthening bond between the campus and the community.

State Budget Shortfall Forces Second Fee Increase for Fall 2011

The University of California Board of Regents today (July 14) approved a plan to close a $1 billion budget shortfall through a combination of higher student tuition, cost-cutting measures and operational efficiencies.

Regents, on a 14-4 vote, reluctantly approved a 9.6 percent tuition increase, effective this fall for all UC students, after agreeing with administrators that it was the only course left that would not erode the quality of the university.

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