Fiscal Year 2004 Funding Guideline Calculation

Step 4 - Inflate Funding per AFTES to Budget Year

Peer Institution

Fiscal Year 2000

Fiscal Year 2001

Fiscal Year 2002

Fiscal Year 2003

Fiscal Year 2004

Average Funding Per AFTES

$19,178

$19,792

$20,425

$21,079

$21,753 

 

 

 

 

 

 

Inflation Factor

 

3.2%

3.2%

3.2%

3.2%

Notes: Inflation Factor determined by the Maryland Higher Education Commission.

Source: University System of Maryland Office